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ITD Cementation jumps on receiving Letter of Award worth Rs 1100 crore

13 Sep 2019 Evaluate

ITD Cementation India is currently trading at Rs. 71.30, up by 0.80 points or 1.13% from its previous closing of Rs. 70.50 on the BSE.

The scrip opened at Rs. 69.55 and has touched a high and low of Rs. 73.55 and Rs. 68.00 respectively. So far 104922 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 143.40 on 12-Mar-2019 and a 52 week low of Rs. 65.70 on 30-July-2019.

Last one week high and low of the scrip stood at Rs. 74.00 and Rs. 67.50 respectively. The current market cap of the company is Rs. 1176.74 crore.

The promoters holding in the company stood at 46.64%, while Institutions and Non-Institutions held 32.83% and 20.54% respectively.

ITD Cementation India has received Letter of Award valued over Rs 1100 crore from Central Public Works Dept., Government of India for redevelopment of General Pool Residential Colony at Kasturba Nagar New Delhi including Two level Basement, Podium parking and Facilities, all development Works and services on EPC basis.

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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