The work order pertains to the construction of Berth & Breakwater for the development of Greenfield Captive Jetty(s) in Odisha.
“ITD Cementation India Limited has secured a contract worth ~Rs 893 crore, including GST, for the construction of Berth & Breakwater for the development of Greenfield Captive Jetty(s) in Odisha,” ITD Cementation announced via a regulatory filing.
In a regulatory filing, the company confirmed that the contract falls under the ordinary course of its business operations. This development strengthens ITD Cementation’s position in the infrastructure and ITD Cementation , especially in maritime and port-related projects.
ITD Cementation share price history
Over the past year, ITD Cementation India Limited’s stock has delivered a strong return of 73.50%. On a year-to-date (YTD) basis, the stock has gained 40.14%, while the six-month and three-month returns stand at 50.21% and 41.80%, respectively. In the last month alone, the stock has surged 45.20%, reflecting strong investor interest and positive momentum.
On Tuesday, ITD Cementation shares closed 1.8% higher at Rs 760.20 on the BSE.
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About ITD Cementation
ITD Cementation India Limited is one of the leading Engineering and Construction Companies undertaking Heavy Civil, Infrastructure and EPC business and operating in India. The company brings over nine decades of experience with established expertise across diverse infrastructure segments, including maritime structures, mass rapid transit systems, airports, hydroelectric power, tunnels, dams and irrigation, highways, bridges and flyovers, industrial and commercial buildings, water and wastewater management, as well as foundation and specialist engineering.
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