Indian Hume Pipe jumps most in 7 months on winning $60 mln order

Indian Hume Pipe

14/02/2024 08:38

** Shares of India Hume Pipe  IHME.NS  rise 12%, set for
their biggest one-day gain in seven months
    ** The company gets order worth 4.95 bln rupees ($60 mln)
for an irrigation project to be completed in 24 months
    ** Stock is most active in six months, with a trading volume
of 653,923 shares as of 2 p.m. IST
    ** Including today's gains, IHME shares up 5.6% in 2024 so
far
 
 ($1 = 83.0530 Indian rupees)

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))