Today Indian Hume Pipe’s share closed with more than 3% increase.
Indian Hume Pipe got a contract worth Rs 198.77 crores. The company got the contract from Andhra Pradesh Drinking Water Supply Corporation to build a Drinking Water Supply project in Vijayanagaram district, Andhra Pradesh. The time to complete the project is 24 months.
The same news today saw a positive impact on the company’s stock. In the BSE, the shares of Indian Hume Pipe opened at Rs 350.05 against the previous closing level of 354.05 rupees and rose up to Rs. 370.00 during business turnover. In the end, it closed at Rs 365.05 with a firmness of Rs 11.00 or 3.11 percent. In the last 52 weeks, the company’s share price is at 442.00 rupees and the lower level is 220.25 rupees.
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