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24-Aug2017

Indian Hume advances on bagging order worth Rs 100.46 crore

Indian Hume Pipe Company is currently trading at Rs. 522.85, up by 13.85 points or 2.72% from its previous closing of Rs. 509.00 on the BSE.

The scrip opened at Rs. 511.00 and has touched a high and low of Rs. 528.70 and Rs. 511.00 respectively. So far 3,517 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 570.00 on 31-Jul-2017 and a 52 week low of Rs. 290.00 on 29-Aug-2016.

Last one week high and low of the scrip stood at Rs. 536.00 and Rs. 496.55 respectively. The current market cap of the company is Rs. 2,533.00 crore.

The promoters holding in the company stood at 69.92%, while Institutions and Non-Institutions held 5.63% and 24.45% respectively.

Indian Hume Pipe Company has secured a work order worth Rs 100.46 crore from Municipal Corporation Bilaspur, Chhattisgarh for augmentation of Water Supply Scheme Part-II-Distribution System, Bilaspur (Chattisgarh) under AMRUT Mission. The work 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.




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