Indian Hume Pipe Company Ltd (INDIANHUME)

Indian Hume Pipe Company Ltd Stock Breaks Resistance Mark - 15 Jun, 2024

The Indian Hume Pipe Company Ltd stock has broken its important resistance mark of 369.90 and closed above it with high volumes. It is a good buy with a strict stop-loss of 360.00 for potential upside targets of 425.00 and above.

Indian Hume Pipe Company Ltd Stock Outperforms Earnings Growth - 12 Jun, 2024

The Indian Hume Pipe Company Ltd stock has outperformed its earnings growth over the last year, with a 79% increase in share price compared to EPS growth of 30%. This suggests that the market is optimistic about the company's future.

Indian Hume Pipe Reports Strong Profits, But Concerns Over Dilution of Shares - 24 May, 2024

Indian Hume Pipe reported strong profits with good cash conversion but concerns over dilution of shares and accrual ratio. EPS was up only 30% indicating shareholder earnings are influenced by dilution.

Indian Hume Pipe Co. Shares Deliver Strong Returns - 23 May, 2024

Despite a forecasted decrease in earnings, Indian Hume Pipe Company Ltd shares have gained 28% in the last month and 143% in the last year. The stock delivered a strong return of 26% in just 6 trading sessions.

Indian Hume Pipe Reports Strong FY 2024 Earnings - 22 May, 2024

Indian Hume Pipe reported an EPS of ₹15.00 (vs ₹11.50 in FY 2023) with a 39% increase in net income and a profit margin increase from 3.6% to 5.6%. The company forecasts a 13% p.a. growth in revenue for the next 2 years, compared to a 13% growth forecast for the Construction industry in India. Shares are up 27% from a week ago.

Indian Hume Pipe Shares Surge on Strong Q4 Results - 17 May, 2024

Indian Hume Pipe Company Ltd's shares surged nearly 15% to Rs 315 after the company reported a strong Q4 FY24 performance, with consolidated net profit jumping to Rs 43.66 crore and EBITDA rising by 77.74%. The board has declared a dividend of Rs 1.50 per equity share.