Indian Hume Pipe trades higher on receiving LoA for work of Rs 234.91 crore

19 Jun 2020 Evaluate

Indian Hume Pipe Company is currently trading at Rs. 162.50, up by 7.70 points or 4.97% from its previous closing of Rs. 154.80 on the BSE.

The scrip opened at Rs. 155.95 and has touched a high and low of Rs. 164.45 and Rs. 155.95 respectively. So far 10039 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. 101.00 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 164.45 and Rs. 136.00 respectively. The current market cap of the company is Rs. 784.60 crore.

The promoters holding in the company stood at 69.92%, while Institutions and Non-Institutions held 4.07% and 26.01% respectively.

Indian Hume Pipe Company has received Letter of Award (LoA) for the work of Rs 234.91 crore (excluding GST) from State Water & Sanitation Mission, Namami Gange & Rural Water Supply Department, Lucknow, Uttar Pradesh for providing Water Supply scheme to groups of villages in Kuraicha, District - Jhansi (Based on Surface Water) and relevant works including commissioning, operation and maintenance for 10 years. The project is to be completed within 24 months.

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

344.65 6.20 (1.83%)
15-Jan-2025 16:59 View Price Chart
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