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- INDIANHUME
INDIANHUME
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Recent events
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News
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Corporate Actions
Indian Hume Pipe Company Sells Land For 5.59 Billion Rupees To Godrej SSPD
March 21 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
INDIAN HUME PIPE COMPANY LTD - SELLS LAND FOR 5.59 BILLION RUPEES TO GODREJ SSPD
Source text: ID:nBSEbChRjZ
Further company coverage: IHME.NS
(([email protected];;))
March 21 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
INDIAN HUME PIPE COMPANY LTD - SELLS LAND FOR 5.59 BILLION RUPEES TO GODREJ SSPD
Source text: ID:nBSEbChRjZ
Further company coverage: IHME.NS
(([email protected];;))
Indian Hume Pipe shares jump 14% after land sale proposal
** Shares of water projects construction firm Indian Hume Pipe IHME.NS rise as much as 14.1% to 376 rupees
** IHME board on Wednesday authorised its management on proposal to sell co's freehold land at Bengaluru, Karnataka measuring about 40,875 sq. mtrs
** Co didn't disclose the expected financial gain from the land deal
** Stock is witnessing its most active trading session since September 2 with more than 1 mln shares changing hands, 10.3x of 30-day avg
** Stock last up 5.4%, cutting YTD loss to 3.7%
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of water projects construction firm Indian Hume Pipe IHME.NS rise as much as 14.1% to 376 rupees
** IHME board on Wednesday authorised its management on proposal to sell co's freehold land at Bengaluru, Karnataka measuring about 40,875 sq. mtrs
** Co didn't disclose the expected financial gain from the land deal
** Stock is witnessing its most active trading session since September 2 with more than 1 mln shares changing hands, 10.3x of 30-day avg
** Stock last up 5.4%, cutting YTD loss to 3.7%
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
Indian Hume Pipe Company Says Board Authorizes Sale Of Freehold Land In Bengaluru
March 19 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
BOARD AUTHORIZES SALE OF FREEHOLD LAND IN BENGALURU
Source text: ID:nBSEb1lYp2
Further company coverage: IHME.NS
(([email protected];;))
March 19 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
BOARD AUTHORIZES SALE OF FREEHOLD LAND IN BENGALURU
Source text: ID:nBSEb1lYp2
Further company coverage: IHME.NS
(([email protected];;))
Indian Hume Pipe Co Sept-Quarter Net Profit 132.6 Mln Rupees
Nov 13 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
INDIAN HUME PIPE COMPANY LTD SEPT-QUARTER NET PROFIT 132.6 MILLION RUPEES
INDIAN HUME PIPE COMPANY LTD SEPT-QUARTER REVENUE FROM OPERATIONS 3.54 BILLION RUPEES
Source text: ID:nBSE228dBH
Further company coverage: IHME.NS
(([email protected];))
Nov 13 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
INDIAN HUME PIPE COMPANY LTD SEPT-QUARTER NET PROFIT 132.6 MILLION RUPEES
INDIAN HUME PIPE COMPANY LTD SEPT-QUARTER REVENUE FROM OPERATIONS 3.54 BILLION RUPEES
Source text: ID:nBSE228dBH
Further company coverage: IHME.NS
(([email protected];))
Indian Hume Pipe Says Production Capacity Of Co's Factories At Walwa, Dhule Proposed To Be Increased
Sept 18 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
PRODUCTION CAPACITY OF CO'S FACTORIES AT WALWA, DHULE PROPOSED TO BE INCREASED
INVESTMENT REQUIRED FOR WALWA FACTORY AT 184 MILLION RUPEES
INVESTMENT REQUIRED FOR DHULE FACTORY AT 191.5 MILLION RUPEES
Source text for Eikon: ID:nBSE9TttMR
Further company coverage: IHME.NS
(([email protected];))
Sept 18 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
PRODUCTION CAPACITY OF CO'S FACTORIES AT WALWA, DHULE PROPOSED TO BE INCREASED
INVESTMENT REQUIRED FOR WALWA FACTORY AT 184 MILLION RUPEES
INVESTMENT REQUIRED FOR DHULE FACTORY AT 191.5 MILLION RUPEES
Source text for Eikon: ID:nBSE9TttMR
Further company coverage: IHME.NS
(([email protected];))
Indian Hume Pipe Company June-Quarter Net Profit 311.6 Million Rupees
Aug 8 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
JUNE-QUARTER NET PROFIT 311.6 MILLION RUPEES
JUNE-QUARTER REVENUE FROM OPERATIONS 3.64 BILLION RUPEES
Source text for Eikon: ID:nBSE919wzt
Further company coverage: IHME.NS
(([email protected];))
Aug 8 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
JUNE-QUARTER NET PROFIT 311.6 MILLION RUPEES
JUNE-QUARTER REVENUE FROM OPERATIONS 3.64 BILLION RUPEES
Source text for Eikon: ID:nBSE919wzt
Further company coverage: IHME.NS
(([email protected];))
India's Hume Pipe Co jumps on quarterly profit rise
** Shares of Indian Hume Pipe Co IHME.NS rise 17.6% to 322 rupees, its highest since July 2019
** Water projects construction firm said its March-qtr profit grew nearly three-fold to 436.7 mln rupees ($5.2 mln), even as rev from ops dropped 11%
** Co logged gains from a real estate project land transfer worth 457.7 mln rupees
** Stock eyes busiest trading session in over a month, volumes at 27.7x the 30-day avg
** Including session's gains, stock up ~32% YTD
($1 = 83.3800 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of Indian Hume Pipe Co IHME.NS rise 17.6% to 322 rupees, its highest since July 2019
** Water projects construction firm said its March-qtr profit grew nearly three-fold to 436.7 mln rupees ($5.2 mln), even as rev from ops dropped 11%
** Co logged gains from a real estate project land transfer worth 457.7 mln rupees
** Stock eyes busiest trading session in over a month, volumes at 27.7x the 30-day avg
** Including session's gains, stock up ~32% YTD
($1 = 83.3800 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
Indian Hume Pipe Company Gets Tax Demand Notice For 934.4 Million Rupees
March 28 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
INDIAN HUME PIPE COMPANY LTD - GETS TAX DEMAND NOTICE FOR 934.4 MILLION RUPEES
Source text for Eikon: ID:nBSE5WrVVP
Further company coverage: IHME.NS
(([email protected];;))
March 28 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
INDIAN HUME PIPE COMPANY LTD - GETS TAX DEMAND NOTICE FOR 934.4 MILLION RUPEES
Source text for Eikon: ID:nBSE5WrVVP
Further company coverage: IHME.NS
(([email protected];;))
Indian Hume Pipe Company Orders Worth 2.42 Billion Rupees
March 15 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
AWARDED 6 LETTERS OF ACCEPTANCE WORTH 2.42 BILLION RUPEES
GOT ORDER FROM BANGALORE WATER SUPPLY AND SEWERAGE BOARD, KARNATAKA
Further company coverage: IHME.NS
(([email protected];))
March 15 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
AWARDED 6 LETTERS OF ACCEPTANCE WORTH 2.42 BILLION RUPEES
GOT ORDER FROM BANGALORE WATER SUPPLY AND SEWERAGE BOARD, KARNATAKA
Further company coverage: IHME.NS
(([email protected];))
Indian Hume Pipe Co surges on $137 mln order win
** Shares of Indian Hume Pipe Co IHME.NS surge 17% at 276.3 rupees, set for best day since mid-2020
** Co says JV got 11.38 bln rupees ($137.3 mln) work order from Telangana state govt for water supply, sewerage projects
** More than 1.3 mln shares trade, 4.9x 30-day avg
** Stock fell 16.2% in last four sessions, its longest losing streak since Dec-end
** Still, stock up 12% YTD, after 56.5% climb in 2023
($1 = 82.8890 Indian rupees)
(Reporting by Rama Venkat in Bengaluru)
** Shares of Indian Hume Pipe Co IHME.NS surge 17% at 276.3 rupees, set for best day since mid-2020
** Co says JV got 11.38 bln rupees ($137.3 mln) work order from Telangana state govt for water supply, sewerage projects
** More than 1.3 mln shares trade, 4.9x 30-day avg
** Stock fell 16.2% in last four sessions, its longest losing streak since Dec-end
** Still, stock up 12% YTD, after 56.5% climb in 2023
($1 = 82.8890 Indian rupees)
(Reporting by Rama Venkat in Bengaluru)
Indian Hume Pipe jumps most in 7 months on winning $60 mln order
** 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)
(([email protected]; +91 9769003463;))
** 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)
(([email protected]; +91 9769003463;))
Indian Hume Pipe Company Dec-Quarter Net Profit Rises
Feb 8 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
INDIAN HUME PIPE COMPANY DEC-QUARTER NET PROFIT 151.4 MILLION RUPEES VERSUS PROFIT 126.5 MILLION RUPEES
INDIAN HUME PIPE COMPANY DEC-QUARTER REVENUE FROM OPERATIONS 3.19 BILLION RUPEES VERSUS 4.05 BILLION RUPEES
Source text for Eikon: ID:nBSE5jrBW5
Further company coverage: IHME.NS
(([email protected];))
Feb 8 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
INDIAN HUME PIPE COMPANY DEC-QUARTER NET PROFIT 151.4 MILLION RUPEES VERSUS PROFIT 126.5 MILLION RUPEES
INDIAN HUME PIPE COMPANY DEC-QUARTER REVENUE FROM OPERATIONS 3.19 BILLION RUPEES VERSUS 4.05 BILLION RUPEES
Source text for Eikon: ID:nBSE5jrBW5
Further company coverage: IHME.NS
(([email protected];))
Indian Hume Pipe Company Ltd Sept-Quarter Net Profit Rises
Nov 9 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
INDIAN HUME PIPE COMPANY LTD SEPT-QUARTER NET PROFIT 103.1 MILLION RUPEES VERSUS PROFIT 63.7 MILLION RUPEES
INDIAN HUME PIPE COMPANY LTD SEPT-QUARTER REVENUE FROM OPERATIONS 3.19 BILLION RUPEES VERSUS 3.24 BILLION RUPEES
Source text for Eikon: ID:nBSE45FkLL
Further company coverage: IHME.NS
(([email protected];))
Nov 9 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
INDIAN HUME PIPE COMPANY LTD SEPT-QUARTER NET PROFIT 103.1 MILLION RUPEES VERSUS PROFIT 63.7 MILLION RUPEES
INDIAN HUME PIPE COMPANY LTD SEPT-QUARTER REVENUE FROM OPERATIONS 3.19 BILLION RUPEES VERSUS 3.24 BILLION RUPEES
Source text for Eikon: ID:nBSE45FkLL
Further company coverage: IHME.NS
(([email protected];))
Indian Hume Pipe Company Restarts Miraj Factory Which Was Closed Down On October 7, 2022
Nov 2 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
RESTARTED MIRAJ FACTORY AT SANGLI WHICH WAS CLOSED DOWN ON OCTOBER 7, 2022
GOT FACTORY LICENSE FOR CO'S FACTORY AT MIRAJ
Source text for Eikon: ID:nNSE9v9ytd
Further company coverage: IHME.NS
(([email protected];))
Nov 2 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
RESTARTED MIRAJ FACTORY AT SANGLI WHICH WAS CLOSED DOWN ON OCTOBER 7, 2022
GOT FACTORY LICENSE FOR CO'S FACTORY AT MIRAJ
Source text for Eikon: ID:nNSE9v9ytd
Further company coverage: IHME.NS
(([email protected];))
Indian Hume Pipe Company Receives Letter Of Award Of Value Of 6.39 Billion Rupees
Aug 18 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
RECEIVED LETTER OF AWARD OF VALUE OF 6.39 BILLION RUPEES
GETS LOA FROM RURAL WATER SUPPLY & SANITATION, ODISHA INCLUDING 5 YEARS OPERATION AND MAINTENANCE ON EPC CONTRACT
Source text for Eikon: ID:nBSE6h96rx
Further company coverage: IHME.NS
(([email protected];))
Aug 18 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
RECEIVED LETTER OF AWARD OF VALUE OF 6.39 BILLION RUPEES
GETS LOA FROM RURAL WATER SUPPLY & SANITATION, ODISHA INCLUDING 5 YEARS OPERATION AND MAINTENANCE ON EPC CONTRACT
Source text for Eikon: ID:nBSE6h96rx
Further company coverage: IHME.NS
(([email protected];))
Indian Hume Pipe Company Re-Appoints Rajas R. Doshi As Managing Director
Aug 3 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
RE-APPOINTS RAJAS R. DOSHI AS MANAGING DIRECTOR
Source text for Eikon: ID:nBSE7dfZPk
Further company coverage: IHME.NS
(([email protected];))
Aug 3 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
RE-APPOINTS RAJAS R. DOSHI AS MANAGING DIRECTOR
Source text for Eikon: ID:nBSE7dfZPk
Further company coverage: IHME.NS
(([email protected];))
Indian Hume Pipe Company Executes Agreement With Birla Estates To Share Revenue From Development Of Freehold Land At Delhi
July 18 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
EXECUTED DEVELOPMENT AGREEMENT WITH BIRLA ESTATES
AGREEMENT FOR SHARING REVENUE FROM DEVELOPMENT OF COMPANY'S FREEHOLD LAND AT DELHI
DEVELOPMENT WILL BE PRIMARILY COMPRISING OF RESIDENTIAL GROUP HOUSING APARTMENTS
REVENUE GENERATED FROM SALE OF PROJECT WILL BE SHARED IN RATIO OF 36.50% TO CO AND 63.50% FOR BIRLA ESTATES
Source text for Eikon: ID:nBSEc02SJV
Further company coverage: IHME.NS
(([email protected];))
July 18 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
EXECUTED DEVELOPMENT AGREEMENT WITH BIRLA ESTATES
AGREEMENT FOR SHARING REVENUE FROM DEVELOPMENT OF COMPANY'S FREEHOLD LAND AT DELHI
DEVELOPMENT WILL BE PRIMARILY COMPRISING OF RESIDENTIAL GROUP HOUSING APARTMENTS
REVENUE GENERATED FROM SALE OF PROJECT WILL BE SHARED IN RATIO OF 36.50% TO CO AND 63.50% FOR BIRLA ESTATES
Source text for Eikon: ID:nBSEc02SJV
Further company coverage: IHME.NS
(([email protected];))
Indian Hume Pipe Company falls 4% on Q4 profit slide
** Shares of Indian Hume Pipe Company Ltd IHME.NS fall as much as 4.44%, the steepest intraday pct loss in three months, to 134.40 rupees
** Fall after construction engineering firm reports fall in March quarter net profit to 160.1 mln rupees compared to 197.8 mln rupees in the corresponding quarter a year ago nFWN37D0W7
** Core profit slips 8% Y/Y in Q4; core profit margin contracts to 9.2% from 11.6%
** Co also approves dividend of 1 rupee per share, subject to shareholders' approval
** Trading volume is 139,931 shares as of 1:55 p.m. IST, more than twice the 30-day avg - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
** Shares of Indian Hume Pipe Company Ltd IHME.NS fall as much as 4.44%, the steepest intraday pct loss in three months, to 134.40 rupees
** Fall after construction engineering firm reports fall in March quarter net profit to 160.1 mln rupees compared to 197.8 mln rupees in the corresponding quarter a year ago nFWN37D0W7
** Core profit slips 8% Y/Y in Q4; core profit margin contracts to 9.2% from 11.6%
** Co also approves dividend of 1 rupee per share, subject to shareholders' approval
** Trading volume is 139,931 shares as of 1:55 p.m. IST, more than twice the 30-day avg - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
Indian Hume Pipe Company March-Quarter Net Profit Falls
May 16 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
MARCH-QUARTER NET PROFIT 160.1 MILLION RUPEES VERSUS 197.8 MILLION RUPEES
MARCH-QUARTER REVENUE FROM OPERATIONS 4.54 BILLION RUPEES VERSUS 3.92 BILLION RUPEES
DIVIDEND 1 RUPEE PER SHARE
Source text for Eikon: [ID:]
Further company coverage: IHME.NS
(([email protected];))
May 16 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
MARCH-QUARTER NET PROFIT 160.1 MILLION RUPEES VERSUS 197.8 MILLION RUPEES
MARCH-QUARTER REVENUE FROM OPERATIONS 4.54 BILLION RUPEES VERSUS 3.92 BILLION RUPEES
DIVIDEND 1 RUPEE PER SHARE
Source text for Eikon: [ID:]
Further company coverage: IHME.NS
(([email protected];))
Indian Hume Pipe Company To Consider Fund Raising Via Preferential Issue Of Shares
May 11 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
TO CONSIDER FUND RAISING VIA PREFERENTIAL ISSUE OF EQUITY SHARES
Source text for Eikon: ID:nBSE9vw2DL
Further company coverage: IHME.NS
(([email protected];))
May 11 (Reuters) - Indian Hume Pipe Company Ltd IHME.NS:
TO CONSIDER FUND RAISING VIA PREFERENTIAL ISSUE OF EQUITY SHARES
Source text for Eikon: ID:nBSE9vw2DL
Further company coverage: IHME.NS
(([email protected];))
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What does India Hume Pipe do?
The Indian Hume Pipe Co. Ltd. is a public company in India that specializes in manufacturing, laying, and jointing pipelines. They also undertake infrastructure development programs and supply concrete railway sleepers to Indian Railways.
Who are the competitors of India Hume Pipe?
India Hume Pipe major competitors are Likhitha Infrastruct, United Drilling Tool, Swastik Pipes, Hi-Tech Pipes, Man Industries, Aeroflex Industries, Apollo Pipes. Market Cap of India Hume Pipe is ₹2,146 Crs. While the median market cap of its peers are ₹1,745 Crs.
Is India Hume Pipe financially stable compared to its competitors?
India Hume Pipe seems to be less financially stable compared to its competitors. Altman Z score of India Hume Pipe is 2.77 and is ranked 8 out of its 8 competitors.
Does India Hume Pipe pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. India Hume Pipe latest dividend payout ratio is 10.18% and 3yr average dividend payout ratio is 11.88%
How has India Hume Pipe allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is India Hume Pipe balance sheet?
Balance sheet of India Hume Pipe is moderately strong.
Is the profitablity of India Hume Pipe improving?
Yes, profit is increasing. The profit of India Hume Pipe is ₹102 Crs for TTM, ₹77.63 Crs for Mar 2024 and ₹55.7 Crs for Mar 2023.
Is the debt of India Hume Pipe increasing or decreasing?
Yes, The debt of India Hume Pipe is increasing. Latest debt of India Hume Pipe is ₹549 Crs as of Sep-24. This is greater than Mar-24 when it was ₹415 Crs.
Is India Hume Pipe stock expensive?
Yes, India Hume Pipe is expensive. Latest PE of India Hume Pipe is 20.95, while 3 year average PE is 20.59. Also latest EV/EBITDA of India Hume Pipe is 13.19 while 3yr average is 11.9.
Has the share price of India Hume Pipe grown faster than its competition?
India Hume Pipe has given better returns compared to its competitors. India Hume Pipe has grown at ~49.03% over the last 1yrs while peers have grown at a median rate of -20.87%
Is the promoter bullish about India Hume Pipe?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in India Hume Pipe is 72.34% and last quarter promoter holding is 72.34%.
Are mutual funds buying/selling India Hume Pipe?
The mutual fund holding of India Hume Pipe is stable. The current mutual fund holding in India Hume Pipe is 2.09% while previous quarter holding is 2.09%.