The Indian Hume Pipe Company Limited receives order of Rs. 639.16 crores

The Indian Hume Pipe Company Limited has received Letter of Award of the value of Rs.639.16 Crores (excluding GST) from Rural Water Supply & Sanitation, Odisha for Execution of Rural Piped Water Supply Project pertaining to six blocks of Puri District, Odisha including 5 years Operation and Maintenance on EPC contract.

The project is to be completed within 2 years.

The Agreement will be signed in due course.

Shares of Indian Hume Pipe Company Limited was last trading in BSE at Rs. 286.45 as compared to the previous close of Rs. 271.80. The total number of shares traded during the day was 53952 in over 2295 trades.

The stock hit an intraday high of Rs. 296.50 and intraday low of 270.05. The net turnover during the day was Rs. 15437599.00.

Source : Equity Bulls

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IndianHumePipeCompany INE323C01030 OrderWin