Indian Hume Pipe Share Price in Focus; Secures ₹417.97 Crore Order from Maharashtra Krishna Valley Development Corporation

The Indian Hume Pipe Company Limited has secured a significant infrastructure project in Maharashtra, strengthening its presence in the irrigation segment. 

Project Award and Scope 

The company has received a Letter of Intent for a project valued at ₹417.97 crore, excluding applicable taxes.  

The contract has been awarded by the Jihe Kathapur Lift Irrigation Division of the Maharashtra Krishna Valley Development Corporation, based in Satara. 

The scope of work includes construction of head works along with a closed pipe distribution system.  

The project is part of the Guruvarya Late Laxmanraoji Inamdar Lift Irrigation Scheme and involves development of a net direct gravity main system. 

Execution Timeline and Project Nature 

The project is classified as a domestic contract and will be executed over a period of 48 months. It follows a percentage rate contract structure, reflecting a cost-linked execution model. 

The project is located in Jihe Kathapur in Satara district of Maharashtra and forms part of ongoing efforts to enhance irrigation infrastructure in the region. 

Strategic Importance 

This order adds to the company’s infrastructure portfolio and reinforces its role in executing large-scale water management and irrigation projects.  

Such developments are critical for improving agricultural productivity and water distribution efficiency.

Read More: IndiGo Share Price in Focus; Receives DGCA Warning Over December 2025 Fare Cap Compliance! 

Indian Hume Pipe Company Share Price Performance  

As of 27 April 2026, at 9:15 AM, Indian Hume Pipe Company Limited share price closed at ₹344.65 per share, reflecting a surge of 6.15% from the previous closing price.  

Conclusion 

The project win highlights Indian Hume Pipe’s continued participation in public infrastructure development, with a focus on irrigation systems that support long-term regional growth. 

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