/ Indian Hume Pipe Soars Over 3% Posts Robust Q4 Results ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Friday, 19 May 2017


In the first half of Friday’s trade Indian Hume Pipe Company rose over 3% at 11:11 IST on BSE. The company on previous day posted its Q4 FY 17 results.

Its net profit spurted 252.5% to Rs 33.24 crore on 64% increase in net sales to Rs 488.01 crore in Q4 March 2017 over Q4 March 2016.
The stock has also traded on its fresh 52 -week high of Rs 470 per share on BSE.

The stock has outperformed BS Small Cap index and & Nifty Commodities index on a yearly basis.

Meanwhile, the S&P BSE Sensex was up 108.04 points, or 0.35% at 30,537.16 level. The S&P BSE Small-cap index was up 75.98 points, 0.49% at 15,437.54 level at 11:22 IST.

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