The Indian Hume Pipe Company Limited has received Letter of Acceptance for the work of Rs.198.80 crores (excluding GST) from Minor Irrigation and Ground Water Development Division, Kalaburgi, Karnataka Government for the work of Filling of tanks in Kalaburgi (south) Taluka of Kalaburgi district by lifting Water from Bennethora Reservoir for ground water development & drinking water purpose on turnkey basis including operation and maintenance for 5 years.
The project is to be completed within 24 months.
Shares of INDIAN HUME PIPE CO.LTD. was last trading in BSE at Rs.208 as compared to the previous close of Rs. 210. The total number of shares traded during the day was 7626 in over 460 trades.
The stock hit an intraday high of Rs. 213.6 and intraday low of 206. The net turnover during the day was Rs. 1596458.