ITD Cementation India Ltd JV secures contract in Bangladesh

ITD Cementation India Limited, in joint venture with Transrail Lighting Limited, has secured a contract in Bangladesh for design, supply, installation, testing and commissioning of Jamuna river crossing portion of Bogura-Kaliakair 400 kV double circuit transmission line on turnkey basis (Package-01, Lot-03) from Power Grid Company of Bangladesh Ltd. (PGCB) worth ~US$ 205 million excluding taxes.

Shares of ITD Cementation India Limited was last trading in BSE at Rs. 206.80 as compared to the previous close of Rs. 195.40. The total number of shares traded during the day was 300856 in over 4918 trades.

The stock hit an intraday high of Rs. 214.10 and intraday low of 201.05. The net turnover during the day was Rs. 62496909.00.

Source : Equity Bulls

Keywords

ITDCementationIndia INE686A01026 OrderWin Bangladesh