The Indian Hume Pipe Company Ltd receives LoI for order worth Rs. 417.97 crores

The Indian Hume Pipe Company Limited has received Letter of Intent with order value of Rs.417.97 Crores (excluding GST) from Jihe Kathapur Lift Irrigation Division, Maharashtra Krishna Valley Development Corporation (MKVDC), Satara, Maharashtra for the work of "Construction of Head works and closed pipe distribution System of Ner Direct Gravity main, under Guruvarya late Laxmanraoji Inamdar Lift Irrigation scheme, Maharashtra.

Shares of Indian Hume Pipe Company Limited was last trading in BSE at Rs. 322.65 as compared to the previous close of Rs. 333.00. The total number of shares traded during the day was 2759 in over 220 trades.

The stock hit an intraday high of Rs. 337.00 and intraday low of 319.00. The net turnover during the day was Rs. 900068.00.

Source : Equity Bulls

Keywords

IndianHumePipeCompany INE323C01030 OrderWin LoI