Stock News and Filings Feed
Share price of Indian Hume Pipe Company advanced 6.4 percent intraday Monday on the back of bagging work order worth Rs 257.44 crore.
Indian Hume Pipe Company has secured a work order worth ₹163.50 crore from Raipur Municipal Corporation, Chhattisgarh, for work on augmentation of water supply to Raipur under the Amrut Mission. The order is on turnkey basis and includes operation & maintenance for five years. The work is to be completed within 30 months, Indian Hume Pipe informed the exchanges after market hours. Investors will closely follow the execution of the project.
Long term bank facilities (Rs 623.13 crore) - CARE A+; Stable (Reaffirmed) Short term bank facilities (Rs 1105 crore) - CARE A1+ (Reaffirmed)
Indian Hume Pipe Company shares rallied as much as 4 percent in morning trade Monday and hit a record high of Rs 498.70 on receiving work order from Tamil Nadu Water Board.
Indian Hume Pipe on Saturday announced that it has secured work order of Rs 183.64 crore from the Tamilnadu Water Supply & Drainage Board, Coimbatore.
Indian Hume Pipe today said it has secured an order of Rs 183.46 crore from Tamil Nadu Water Supply and Drainage Board (TNWSDB).
In the first half of Friday’s trade Indian Hume Pipe Company rose over 3% at 11:11 IST on BSE. The company on previous day posted its Q4 FY 17 results.
Shares of Indian Hume Pipe Company added 2.8 percent intraday Thursday as it has secured order of Rs 122.86 crore.
The Indian Hume Pipe Company on Thursday announced that from Madhya Pradesh Jal Nigam Maryadit, Bhopal, a government of Madhya Pradesh undertaking, has secured work order of Rs 122.86 crore.
Fresh selling dragged the key benchmark indices lower in early afternoon trade. At 12:18 IST, the barometer index, the S&P BSE Sensex, was down 54.54 points or 0.19% at 29,406.91. The Nifty 50 index was down 17.05 points or 0.19% at 9,133.75. Trading activity was lackluster as investors remained on the sidelines on rising geopolitical concerns.
Indian Hume Pipe Company soared 4.5% on Monday as the constructions company announced that it has received an order worth Rs 177 crore.
Shares of Indian Hume Pipe Company advanced 4.5 percent intraday Monday on order received worth Rs 177 crore.
Shares of Indian Hume Pipe Company will remain in focus, as the company has secured work orders worth ₹177.22 crore from the Bangalore Water Supply and Sewerage Board. The order is for execution of the work of providing water supply facilities to Byatarayanapura zone falling under 110 villages of Bruhat Bengaluru Mahanagar Palike. The project has to be completed within 24 months from signing of the agreement with the board, the company said in a statement.
Key benchmark indices remained firm in mid-afternoon trade despite a weak trend witnessed in most of the European and Asian markets. At 14:20 IST, the barometer index, the S&P BSE Sensex, was up 195.48 points or 0.66% at 29,770.70. The Nifty 50 index was up 47.20 points or 0.51% at 9,228.65. Capital goods stocks extended intraday gains. Auto stocks were mixed.
Indian Hume Pipe, manufacturer of cement and cement products, has secured work order of Rs 109.64 crore from the Public Health Engineering Department, NCR Region, Alwar, Government of Rajasthan. The said work order is for execution of work of re-organisation of Urban Water Supply Scheme at Alwar and Bhiwadi towns.
Sun Pharma | Tata Motors | Tata Global Beverages | Tata Chemicals | Tata Steel | Tata Power | Indian Hotels | Wockhardt | Cipla | Granules India | IL&FS Transportation | Tata Coffee | Phoenix Mills | Jet Airways | SpiceJet | InterGlobe Aviation | Borosil Glass and Opto Circuits are stocks, which are in the news today.
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Mahindra & Mahindra | DLF | SAIL | NHPC | Puravankara | MMTC | Claris Life | Jindal Steel | Electrosteel Steels | Time Technoplast | Ujjivan Financial | Banco Products | Monnet Ispat | Mindtree and Usher Agro are stocks, which are in the news today.
Shares of Indian Hume Pipe Company will remain in focus, as the company has fixed the record date as December 13, to identify eligible shareholders to receive bonus shares. The company is rewarding its shareholders with 1:1 bonus shares. For investors, who wish to be eligible for the bonus shares, Thursday is the cut-off date, as the stock will turn ex-bonus on Friday. Indian Hume Pipe Company has presence in the cement and cement products businesses.
Tata Motors | Tata Steel | Axis Bank | Bank of Baroda | Hindalco Industries | Patel Engineering | LT Foods | SREI Infra | Ujjivan | Dish TV | Future Retail | Kotak Mahindra Bank | Fedders Lloyd | HSIL | Indian Hume Pipe | Fiem Industries and Suzlon are stocks, which are in the news today.
Shares of Indian Hume Pipe will remain in focus following the company bagging a ₹115.51-crore order from Korba Municipal Corporation. The company has to execute the order in 24 months. The order is for Korba Water Supply Scheme.
Indian Hume Pipe Company rose 2.23% to Rs 867 at 11:26 IST on BSE after net profit rose 208.65% to Rs 21.76 crore on 96.47% rise in net sales to Rs 450.28 crore in Q2 September 2016 over Q2 September 2015.
The company has recorded 211 percent jump in its Q2 (Aug-Sept) net profit at Rs 21.8 crore against Rs 7 crore, in the same quarter last year.
Maruti Suzuki | HUL | Sun Pharma | Hero Motocorp | Dr Reddy's Labs | Exide Industries | Forbes & Company | Torrent Pharma | JK Lakshmi | Excel Corp | Thomas Cook | Indian Hume Pipe | Raymond | State Bank of Travancore | Religare Enterprises | Motilal Oswal | Smartlink Network | Infibeam and NBCC are stocks, which are in the news today.
The board of Indian Hume Pipe will meet on Wednesday to consider issue of bonus shares to existing shareholders by capitalisation of free reserves. The board will also consider the unaudited financial results for the second quarter and first half year ended September 30, 2016. If approved, this would be the maiden bonus issue from the maker of prestressed concrete pipes. The stock will remain in focus on account of both bonus (ratio) and result (PAT and topline) announcements.