The Indian Hume Pipe Company Ltd receives LoA for work order of Rs. 234.91 crore

The Indian Hume Pipe Company Limited has received Letter of Award for the work of Rs.234.91 crores (excluding GST) from State Water & Sanitation Mission, Namami Gange & Rural Water Supply Department, Lucknow, Uttar Pradesh for providing Water Supply scheme to groups of villages in KURAICHA, District - Jhansi (Based on Surface Water) and relevant works including commissioning, operation and maintenance for 10 years. The project is to be completed within 24 months.

The Agreement will be signed in due course.

Shares of INDIAN HUME PIPE CO.LTD. was last trading in BSE at Rs.154.45 as compared to the previous close of Rs. 147.55. The total number of shares traded during the day was 11395 in over 521 trades.

The stock hit an intraday high of Rs. 159.5 and intraday low of 151.9. The net turnover during the day was Rs. 1776803.

Source : Equity Bulls

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