ITD Cementation jumps 3% after securing order of Rs 1,237 crore

ITD Cementation share jumped 3% in early trade on July 30 after the company received an order for Rs 1,237 crore.

In an exchange filing, ITD Cementation shared, “This is to inform you that ITD Cementation India Limited has secured a new contract worth approximately Rs 1,237 Crore including taxes and duties.”

The company’s board of directors will meet in Mumbai on August 7, 2024, to discuss and approve the unaudited financial statements for the quarter that concluded on June 30, 2024.

On July 2, 2024 and August 2, 2023, the stock reached a 52-week high of Rs 589.65 and a low of Rs 175.00. At present, the share price is trading 10.67 percent below its 52-week high and 201% above its 52-week low. The share price has increased by 195 percent in the last year.

As of 2:51 pm, ITD Cementation shares were trading 3.03% higher at Rs 525.35.

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