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Indian Hume Pipe surges on receiving LoA worth Rs 357.53 crore

11 Mar 2020 Evaluate

Indian Hume Pipe is currently trading at Rs. 167.30, up by 3.10 points or 1.89% from its previous closing of Rs. 164.20 on the BSE.

The scrip opened at Rs. 165.15 and has touched a high and low of Rs. 171.65 and Rs. 165.15 respectively. So far 1934 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 334.40 on 05-Jul-2019 and a 52 week low of Rs. 155.00 on 02-Mar-2020.

Last one week high and low of the scrip stood at Rs. 171.65 and Rs. 155.00 respectively. The current market cap of the company is Rs. 801.80 crore.

The promoters holding in the company stood at 69.92%, while Institutions and Non-Institutions held 4.25% and 25.83% respectively.

Indian Hume Pipe Company has received Letter of Acceptance (LoA) for the work of Rs 357.53 crore (including GST) from Madurai City Municipal Corporation, Madurai, Tamil Nadu for providing dedicated water supply to Madurai City Municipal Corporation. The project is to be completed within 30 months followed by 6 months trial run and commissioning.

Indian Hume Pipe Company is engaged in the construction and maintenance of projects relating to water supply, irrigation, sanitation and sewerage systems, and pipe manufacturing.

India Hume Pipe Share Price

325.00 -6.85 (-2.06%)
20-Apr-2026 12:31 View Price Chart
Peers
Company Name CMP
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