ITD Cementation Surges Over 7% After Securing ₹893 Crore Jetty Contract

ITD Cementation India Ltd announced it has won an ₹893 crore contract for the construction of berth and breakwater structures tied to the development of a greenfield captive jetty project in Odisha. Post the announcement, ITD Cementation India Ltd soared as much as 7.05% to ₹812.75 in early trade on Tuesday, hitting fresh 52-week highs

Stock Hits 52-Week High Post Order Win

The stock opened at ₹800.00 and surged to a new 52-week high of ₹830.00 on the NSE, marking a significant intraday gain of 9.33%. Over the past two trading sessions, the stock has gained 9.57%, buoyed by positive investor sentiment after the company secured a large-scale project in Odisha.

Key Details of the Contract

ITD Cementation announced it has won an ₹893 crore contract for the construction of berth and breakwater structures tied to the development of a greenfield captive jetty project in Odisha. The order, disclosed via an exchange filing, marks a major addition to the company’s infrastructure portfolio.

Trading Metrics

• Traded Volume: 12.95 lakh shares
• Traded Value: ₹105.47 crore
• VWAP: ₹814.45
• Buy Quantity: 3.45 lakh shares
• Sell Quantity: 1.73 lakh shares

The stock saw heightened investor interest with over 51% of trades marked as deliverable, indicating long-term positioning.

Price and Valuation Indicators

• 52-Week Range: ₹424.00 – ₹830.00
• Adjusted P/E: 34.86
• Free Float Market Cap: ₹7,416.45 crore
• Face Value: ₹1

The stock remains within its defined price band of ₹607.40 to ₹911.00, reflecting a 20% limit in either direction.

Financial Performance Snapshot

In Q4 FY25 (March 2025), the company reported:

• Total Income: ₹2,48,942.12 lakh
• Net Profit: ₹11,391.45 lakh
• Earnings Per Share (EPS): ₹6.61

This performance caps off a strong FY25, driven by consistent quarterly growth in revenue and profit margins.

The contract win, combined with solid financials and increasing institutional interest, has positioned ITD Cementation strongly within the civil construction sector, further amplified by the broader market momentum following the RBI’s recent rate cut.

ITD Cementation India Stock Performance

Shares of ITD Cementation India have gained 88% over the last year, 48% year-to-date, and 48.52% in the previous month.

About ITD Cementation India Ltd

ITD Cementation India Limited is an India-based company, which is engaged in construction of various structures, such as marine structures, mass rapid transport systems (MRTS), dams and tunnels, airports, roads, bridges and flyovers and other foundations and specialist engineering works. The Company is a subsidiary of ITD Cementation Projects India Ltd.

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