Indian Hume Pipe Company has secured work order of Rs 1.83 billion from Tamil Nadu Water Supply & Drainage Board, Coimbatore for providing improvements to Water Supply Distribution to the added areas of Tiruppur Corporation in Tiruppur District including trial run, commissioning.
The project is to be completed within 24 months for construction from the date of issuance of the work order and paid maintenance for a period of one year.
Shares of the company gained Rs 13.7, or 2.86%, to trade at Rs 493.35. The total volume of shares traded was 9,141 at the BSE (9.45 a.m., Monday).