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IHME – Indian Hume Pipe Company Ltd

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Recommendation Rating

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 2.7

Low: 2.7

High: 2.7

Total Analysts: 2

Company Profile

The Indian Hume Pipe Company Limited is engaged in the construction and maintenance of projects relating to water supply, irrigation, sanitation and sewerage systems and pipe manufacturing. The Company offers engineering, procurement, and construction (EPC) contracts covering construction, maintenance, laying and jointing of pipelines of various pipe materials, for providing infrastructure facility of drinking water supply projects, irrigation projects, sanitation, and sewerage systems. The Company manufactures and sells bar wrapped steel cylinder pipes (BWSC), prestressed concrete cylinder pipes (PCCP), steel pipes, prestressed concrete pipes, and reinforced concrete (RCC) pipes. It also provides prestressed concrete railway sleepers to Indian railways. The Company offers urban and rural water supply, penstock for hydro power generation, tunnel lining, large diameter irrigation pipelines, head works including pumping machinery, treatment plants, and other allied civil construction.

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