Indian Hume Pipe Share Price Surges Over 5%; Secures ₹738.61 Crore Rajasthan Water Supply Project

Written by: Team Angel OneUpdated on: 3 Jul 2026, 9:33 pm IST
Indian Hume Pipe has secured a ₹738.61 crore contract from Rajasthan PHED for a Narmada-based water supply project covering 275 villages in Barmer district.
Indian Hume Pipe Share Price
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

 The Indian Hume Pipe Company Limited has secured a Letter of Acceptance (LOA) valued at ₹738.61 crore, including GST, for a major water infrastructure project in Rajasthan. 

The order has been awarded by the Public Health Engineering Department (PHED), Office of the Chief Engineer, JICA Funded Projects, Jaipur, Government of Rajasthan.  

Project Scope 

The contract involves the design and construction of a Narmada-based Water Supply Project for 275 villages located in the Dhorimanna and Chouhtan blocks of Barmer district. 

The project falls under Package CP-04 (Chouhtan-2) of the JICA-funded Rajasthan Rural Water Supply & Fluorosis Mitigation Project Phase II and will be executed on an SPR basis.  

Contract Details 

The project has been awarded as an Item Rate Contract covering design, build, operation and maintenance activities. 

The execution period is 24 months, followed by a one-year Defect Notification Period and 10 years of Operations and Maintenance (O&M). The total contract value stands at ₹738.61 crore, including GST.  

Water Infrastructure Focus 

The project is intended to strengthen water supply infrastructure across 275 villages in Barmer district through a Narmada-based distribution system. 

It forms part of the Rajasthan Rural Water Supply & Fluorosis Mitigation Project Phase II, which is being implemented with JICA funding.  

Read More: HCL Technologies Share Price Gains Over 4% on July 3, 2026, After Signing US$1.14 Billion Digital Transformation Deal! 

Indian Hume Pipe Share Price Performance  

As of 03 July 2026, at 2:02 PM, Indian Hume Pipe Company Limited share price was trading at ₹352.65 per share, reflecting a surge of 5.22% from the previous trading session. 

Conclusion 

With the receipt of the Letter of Acceptance, The Indian Hume Pipe Company Limited has added a ₹738.61 crore water supply project to its order book, covering 275 villages in Rajasthan under the JICA-funded Rajasthan Rural Water Supply & Fluorosis Mitigation Project Phase II.  

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.  

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jul 3, 2026, 3:58 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers