Ok. fine I finally figured out myself. Actually when I hit this Url one .pls file is getting downloaded. The content of .pls file is something like this
[playlist]
numberofentries=1
File1=http://203.150.225.71:8000
Title1=(#1 - 10866/10000) COOLfahrenheit 93
Length1=-1
Version=2
I have to read this file and then parse this file to get the actual URL.Here it is
http://203.150.225.71:8000
Android media player is able to play this URL.