ITD Cementation India shares rose over 7% after announcing a ₹893 crore jetty contract. The company reported a consolidated order book of ₹18,300 crore, having secured orders worth over ₹7,100 crore during FY25.
The share price of ITD Cementation India Ltd was trading with significant gains on June 10, 2025. The surge in the share price was driven by the announcement of a new contract received by the company.
On Tuesday, June 10, the stock has seen an intraday high of ₹830 and is trading significantly up from its yesterday’s close of ₹759.20. As of today, June 10, 2025, at approximately 11:58 AM IST, the stock is trading at ₹812.24, up by 7.01%.
ITD Cementation India Limited has secured a contract worth ₹893 crore, including GST, for the construction of Berth & Breakwater for the development of Greenfield Captive Jetty in Odisha. The company clarified that this new contract falls under the ordinary course of business for ITD Cementation India Ltd.
As of March 31, 2025, ITD Cementation India Ltd reported a consolidated order book of ₹18,300 crore, having secured orders worth over ₹7,100 crore during FY25.
For the quarter ended March 2025, the company reported a consolidated net profit of ₹113.91 crore, a substantial increase of 26.86% compared to ₹89.55 crore in the same quarter of the previous year. Revenue from operations also saw a growth of 9.83% year-on-year, reaching ₹2,479.72 crore.
For the full financial year FY25, ITD Cementation's net profit rose by 36.20% to ₹373.33 crore, and revenue increased by 17.87% to ₹9,096.94 crore.
ITD Cementation India Ltd is a prominent engineering and construction company with operations spanning nine decades in India. The company undertakes heavy civil, infrastructure, and EPC (Engineering, Procurement, and Construction) projects. Their expertise lies in a diverse range of infrastructure development, including maritime structures, mass rapid transit systems, airports, hydro-electric power, tunnels, dams and irrigation, highways, bridges and flyovers, industrial structures and buildings, water and wastewater management, and foundation and specialist engineering.
On a YTD basis, the stock is up by 49.84% while in the last month it has gained 60.19%. During the last 12 months, the stock price has jumped by 82.88%. In the longer term of 5 years, the stock has surged by a massive 1,840%.
Disclaimer: The article is for informational purposes only and not investment advice.
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