Indian Hume Pipe Company jumps on securing LoA worth Rs 458.69 crore
The said order is to be executed in 24 months
Indian Hume Pipe Company is currently trading at Rs. 339.75, up by 18.20 points or 5.66% from its previous closing of Rs. 321.55 on the BSE.
The scrip opened at Rs. 330.00 and has touched a high and low of Rs. 350.25 and Rs. 326.85 respectively. So far 108827 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 490.00 on 10-Jul-2025 and a 52 week low of Rs. 280.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 350.25 and Rs. 280.00 respectively. The current market cap of the company is Rs. 1826.21 crore.
The promoters holding in the company stood at 72.34%, while Institutions and Non-Institutions held 2.59% and 25.07% respectively.
Indian Hume Pipe Company has received Letter of Acceptance (LoA) with order value of Rs 458.69 crore (excluding GST) from Public Health & Municipal Engineering Department, Hyderabad, Telangana for execution of work on Water Supply Improvement Scheme in Greater Warangal Municipal Corporation under UIDF Funding. The said order is to be executed in 24 months.
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.

