SP Tulsian likes Indian Hume Pipe

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Investment advisor SP Tulsian likes Indian Hume Pipe . It is a Walchand Group company. It is engaged in water supply infrastructure management. At present the promoter stake is at 70%. It has 33 factories across India. As per valuation, its expected EPS is above Rs 40. Its expected EPS from infrastructure is above Rs 50. An appreciation of 100% is likely in the stock over one year.