ITD Cementation India gains on securing order worth Rs 833 crore

ITD Cementation India is currently trading at Rs. 106.80, up by 1.85 points or 1.76% from its previous closing of Rs. 104.95 on the BSE.

ITD Cementation India
ITD Cementation India

The scrip opened at Rs. 105.00 and has touched a high and low of Rs. 107.80 and Rs. 104.40 respectively. So far 83205 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 1 has touched a 52 week high of Rs. 146.90 on 15-Dec-2022 and a 52 week low of Rs. 55.50 on 12-May-2022.

Last one week high and low of the scrip stood at Rs. 110.00 and Rs. 102.60 respectively. The current market cap of the company is Rs. 1841.56 crore.

The promoters holding in the company stood at 46.64 % while Institutions and Non-Institutions held 18.94 % and 34.43 % respectively.

ITD Cementation India has secured order to construct Thal Sena Bhawan at Delhi Cantt-10 on EPC basis worth around Rs 833 crore. The company has secured orders worth over Rs 8,800 crore since April till date. Earlier, ITD Cementation India had secured three new orders worth Rs 1,755 crore.

ITD Cementation India is an India-based company involved in construction and civil engineering. The company is engaged in construction of a range of structures, which include maritime structures, mass rapid transport systems (MRTS), airports and other foundations.

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