ITD Cementation India secures orders worth Rs. 4600 crore

ITD Cementation India Limited has secured following major orders worth ~Rs 4,600 crore:

1. From Chennai Metro Rail Limited, for construction of tunnels with TBM and associated underground stations of Chennai Metro Line 4, Phase - II (i.e. UG 01 and UG 02 packages) in Chennai. The brief scope of work for both the packages is as follows:
1. UG 01: Construction of UG stations at Light House, Kutchery road, Alwarpet and Bharathidasan road including Underground Stabling Yard and Cross Over at Light House station and associated twin tunnel.
2. UG 02: Construction of UG stations at Boatclub, Nandanam, Panagalpark, Kodambakkam and Kodambakkam f1yover including underground Cross Over at Panagal Park station and associated twin tunnel, cut & cover box, U Section and ramp.
2. From Adani Ahmedabad International Airport Limited, for modification and refurbishment of Terminal 2 building at Sardar Vallabhbhai Patel International Airport in Ahmedabad
3. From, The Registrar Sikkim University for construction of various buildings for Sikkim University - Package II at Yangang, Sikkim University Campus.

Shares of ITD Cementation India Limited was last trading in BSE at Rs. 82.55 as compared to the previous close of Rs. 82.65. The total number of shares traded during the day was 81090 in over 1383 trades.

The stock hit an intraday high of Rs. 85.55 and intraday low of 82.20. The net turnover during the day was Rs. 6754387.00.

Source : Equity Bulls

Keywords

ITDCementationIndia INE686A01026 ITDCEM OrderWin ChennaiMetroRail AdaniAhmedabadAirport SikkimUniversity