[INDIANHUME] – Positional Important Levels:

Indian Hume Pipe Company Limited [INDIANHUME] – Positional Important Levels: Support: ₹350 – ₹360 Resistance: ₹385 – ₹400 Structure: Neutral to positive technical setup Business: Manufacturer and supplier of prestressed concrete and steel pipes used in water supply, irrigation, sewerage and infrastructure projects Key driver: Government spending on water infrastructure, irrigation projects and urban water-supply development Growth visibility: Large water and infrastructure projects provide long-term order-book opportunities Earnings profile: Revenue and margins are closely linked to project execution, order inflows and raw-material costs Growth opportunity: Rising investment in drinking-water infrastructure and irrigation can support future order inflows Financial profile: Working-capital management and execution of large projects remain important for cash-flow generation Watch out for: Order execution delays, raw-material prices, working capital, government spending and competitive pressure Verdict: Positive bias while above ₹350–₹360 support zone Fresh momentum can emerge on a sustained breakout above ₹385 A move above ₹400 can indicate stronger positional momentum A decisive break below ₹350 may weaken the overall structure