Market Performance
The ITD Cementation India share price opened at ₹800 on Tuesday, up 5.2 % from the previous close of ₹760.20.
It quickly climbed to an intraday high of ₹830.65, marking a 9.3 % jump within minutes.
Recent price highlights
- 1-month move: ~ 50 % rise
- 5-year return: ~ 1,750 % multi-bagger surge
- Market cap segment: Mid-cap
These swift gains underline the market’s reaction to the company’s newest contract win.
Main News – ₹893 Cr Greenfield Captive Jetty Contract
On 9 June 2024 (post-market hours), ITD Cementation India announced a ₹893 Crore (incl. GST) order for:
- Scope: Construction of Berth & Breakwater works
- Project: Development of Greenfield Captive Jetty(s)
- Location: Odisha
The order adds a sizable chunk to the company’s order book, showcasing its core strength in maritime infrastructure.
Company Details
ITD Cementation India’s share price movements are backed by the firm’s nine-decade legacy in heavy civil engineering and EPC projects. Key verticals include:
- Maritime Structures & Ports
- Mass Rapid Transit Systems
- Airports & Hydro-Electric Power
- Tunnels, Dams & Irrigation
- Highways, Bridges & Flyovers
- Industrial Buildings & Water Management
This diversified portfolio positions the company as a trusted player for large-scale infrastructure contracts across India.
Summary
- ITD Cementation India’s share price spiked 9% to an intraday high of ₹830.65 after securing a ₹893 Crore jetty contract.
- The Odisha project strengthens the firm’s maritime order book and underscores its execution capability.
- With a robust presence in multiple infrastructure segments and a nearly century-long track record, the ITD Cementation India share price remains a focal point for market watchers tracking mid-cap engineering plays.
