ITD Cementation India zooms on bagging contract worth around Rs 593 crore

ITD Cementation India is currently trading at Rs. 628.00, up by 62.65 points or 11.08% from its previous closing of Rs. 565.35 on the BSE.
The scrip opened at Rs. 580.00 and has touched a high and low of Rs. 633.20 and Rs. 575.30 respectively. So far 188470 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 694.45 on 04-Oct-2024 and a 52 week low of Rs. 355.05 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 637.75 and Rs. 502.55 respectively. The current market cap of the company is Rs. 10805.44 crore.
The promoters holding in the company stood at 46.64%, while Institutions and Non-Institutions held 19.79% and 33.57% respectively.
ITD Cementation India has secured a new contract worth around Rs 593 crore including all taxes and duties but excluding GST. The contract is for construction of various infrastructure works at Jaipur International Airport in Rajasthan.
ITD Cementation India is a leading construction company in India operating for over eight decades and has established its prowess across multiple lines of business.


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