The shares of Indian Hume Pipe soared by over 3% intraday on Thursday as the company reported that it has secured a work order of Rs 100.46 crore from Municipal Corporation Bilaspur, Chhattisgarh.
The order was received for augmentation of water supply scheme part-II distribution system, Bilaspur (Chattisgarh) under AMRUT mission. The project is expected to be completed within 24 months.
Meanwhile, the stock was trading up by 3.07% at Rs 524 per share on BSE at 1146 hours. It opened at Rs 511 per share. It touched its intraday high and low at Rs 528.70 and Rs 511 per share, respectively.
The stock attracted a total traded volume of 16,809 shares and traded value of Rs 87.84 lakh on NSE at 1148 hours. Its 52-week high stood at Rs 570.45 as on July 31, 2017 and 52-week low at Rs 288.80 as on August 29, 2016. On YTD basis, the stock advanced by 34.62% till date.
The 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..
The order was received for augmentation of water supply scheme part-II distribution system, Bilaspur (Chattisgarh) under AMRUT mission. The project is expected to be completed within 24 months.
Meanwhile, the stock was trading up by 3.07% at Rs 524 per share on BSE at 1146 hours. It opened at Rs 511 per share. It touched its intraday high and low at Rs 528.70 and Rs 511 per share, respectively.
The stock attracted a total traded volume of 16,809 shares and traded value of Rs 87.84 lakh on NSE at 1148 hours. Its 52-week high stood at Rs 570.45 as on July 31, 2017 and 52-week low at Rs 288.80 as on August 29, 2016. On YTD basis, the stock advanced by 34.62% till date.
The 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..
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