The company bagged order worth Rs 194 crore under Jal Jeevan Mission Project in Maharashtra.
The Company has received Letter of Acceptance for the work of Rs 198.80 crore from the Karnataka Government for the work of filling of tanks in Kalaburgi on turnkey basis including operation and maintenance for 5 years.
The project is to be completed within 21 months from the date of signing of multipartite agreements. The operation and maintenance period is 10 years after completion of project.
The company received Letter of Award for the work of Rs 134.82 crore (excluding GST) from Rural Water Supply & Sanitation, Odisha.
The company will provide dedicated water supply to the Madurai City Municipal Corporation in Tamil Nadu.
The company received letter from Vidarbha Irrigation Development Corporation, Nagpur.
Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 41 points or 0.39 percent. Nifty futures were trading around 10,596-level on the Singaporean Exchange.
The order is for improvements in water supply distribution in Tiruppur in Tamil Nadu, Indian Hume Pipe said in BSE filing.
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Firstcall Research is bullish Indian Hume Pipe and has recommended buy rating on the stock with a target of Rs 105 in its research report dated June 14, 2013.
Indian Hume Pipe has declared its Q3FY11 results. Its revenue was down 8.4% at Rs 153 crore versus Rs 167 crore.