The Indian Hume Pipe Company has received two Letters of Acceptance aggregating to ₹254.98 crore (including GST) from Municipal Corporation Raipur, Chhattisgarh. The orders — ₹120.79 crore and ₹134.19 crore are under augmentation of water supply scheme Phase-II, of Municipal Corporation Raipur. The projects have to be completed within 18 months. Shares of Indian Hume Pipe closed 1.22 per cent higher at ₹298.05 on the NSE.
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