ITD Cementation secure new orders worth Rs1,755 crore; stock surges ~2%

11 Oct 2022 , 02:35 PM

ITD Cementation India Limited informed that the company has secured new orders worth Rs1,755 crore from various clients.

The company has secured an order for the construction of West Container Terminal in the Port of Colombo, Sri Lanka.

In addition to this, it has received another order for the construction of Berth and Yard facilities at Dhamra Port (2 packages) in Odisha.

Further, the company also received an order for piling and civil work for Coke Oven Project at the Hazira plant in Gujarat.

The company also highlighted that it has secured orders worth Rs7,900 crore since April 2022 till date.

ITD Cementation India is one of the leading engineering and construction firms that specialises in heavy civil, infrastructure, and EPC work. The company has been operating in India for nine decades and has a well-established presence and expertise in areas such as airports, tunnels, mass rapid transit systems, highways, dams and irrigation systems, industrial buildings and structures, bridges, and flyovers.

At around 2.37 PM, ITD Cementation India was trading at Rs115.55 up by 1.54% from its previous closing of Rs113.80 on the BSE. The scrip touched intraday high and low of Rs118.95 and Rs112.70 respectively.

For feedback and suggestions, write to us at [e-mail]