Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  Indian Hume Pipe trades higher on the bourses

21-Aug2018

Indian Hume Pipe trades higher on the bourses

Indian Hume Pipe Company is currently trading at Rs. 289.25, up by 2.85 points or 1.00% from its previous closing of Rs. 286.40 on the BSE.

The scrip opened at Rs. 291.05 and has touched a high and low of Rs. 291.50 and Rs. 288.05 respectively. So far 1244 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 591.00 on 01-Sep-2017 and a 52 week low of Rs. 238.00 on 28-Jun-2018.

Last one week high and low of the scrip stood at Rs. 291.50 and Rs. 273.40 respectively. The current market cap of the company is Rs. 1404.97 crore.

The promoters holding in the company stood at 69.92%, while Institutions and Non-Institutions held 5.54% and 24.54% respectively.

Indian Hume Pipe Company has received a work order of Rs 256.19 crore from Tamil Nadu Water Supply & Drainage Board (TWAD), Coimbatore for providing Combined Water Supply Scheme to Alampalayam Town Panchayat, Padaveedu Town Panchayat including 669 Rural Habitations in Pallipalayam and Tiruchengode Unions in Namakkal District and Sankari Town Panchayat in Salem District with River Cauvery.

The project is to be completed within 24 months including trial run and maintenance period of 5 years.

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


Related News

View all news

RITES shines on getting nod to acquire 33% stake in IRSDC

RITES is currently trading at Rs. 310.60, up by 7.65 points or 2.53% from its previous closing of Rs. 302.95 on the BSE.The scrip opened at Rs. 314.95 and has touched a high and low of Rs. 321.40 and Rs.......

Jet Airways surges on the buzz of planning to sell 6 Boeing 777 aircrafts

Jet Airways (India) is currently trading at Rs. 260.80, up by 6.15 points or 2.42% from its previous closing of Rs. 254.65 on the BSE.The scrip opened at Rs. 260.00 and has touched a high and low of Rs.......

Tata Steel gains on reporting around 4-fold jump in Q2 consolidated net profit

Tata Steel is currently trading at Rs. 603.00, up by 13.85 points or 2.35% from its previous closing of Rs. 589.15 on the BSE.The scrip opened at Rs. 606.00 and has touched a high and low of Rs. 610.00......

Top News

View all news

RITES to acquire 33% stake in IRSDC

RITES has received in principle approval to acquire stake of 33% Equity Shares in Indian Railway Station Development Corporation (IRSDC). The Board of Directors of the company at their meeting held on......

Govt in favour of alignment of capital adequacy norms with Basel III norms

Instead of present stricter guidelines which restrict the lending capacity of lenders, the government is of the view that the Reserve Bank of India (RBI) should resort to Basel III norms for capital adequacy......

Infosys, Ashok Leyland and Reliance Infrastructure to see some action today

Infosys will open its next Technology and Innovation Hub in the State of Texas and hire 500 American workers in the state by 2020. The Hub will be located in Richardson, Texas and have a special focus......