India, May 4 -- The shares of this small cap company majorly engaged in the business of manufacturing, laying and joining of pipelines, jumped nearly 10 percent after securing work order from the government of Maharashtra

With the market capitalization of Rs.1827 Crores, the shares of Indian Hume Pipe Company Ltd reached an intraday high of Rs. 359.90 per share rising nearly 10 percent from its previous day closing of Rs. 327 per share and is trading at a P/E of 17.4 whereas industry P/E stands at 32.4

What is the NEWS Indian Hume Pipe has secured irrigation projects through joint ventures with a total combined value of Rs. 2,253 crore, which includes two major contracts worth Rs. 1,716.70 crore and Rs. 536.59 crore. Out of this, the c...