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ITD Cementation Bags Rs 1,237 Crore Contract For New Delhi Residential Project
On June 26, the company had bagged a marine contract worth approximately Rs 1,082 crore, for constructing a third berth and additional works at the Dahej LNG terminal in Gujarat.
29 Jul 2024, 07:53 PM IST 
IIT Ropar (Source: ITD Cementation website)
ITD Cementation India Ltd. informed the exchanges on Monday that it has bagged an order worth Rs 1,237 crore for constructing a residential colony in New Delhi.
On July 3, the engineering and construction company announced that its promoter shareholder, Italian Thai Development Public Co., which owns a 46.64% stake as of March, is exploring a potential divestment of their holding.
That values Italian Thai's shares at Rs 4,596.89 crore as of July 3.
On June 26, the company had bagged a marine contract worth approximately Rs 1,082 crore for constructing a third berth and additional works at the Dahej LNG terminal in Gujarat.
Shares of ITD Cementation closed 1.32% higher at Rs 510.60 apiece, as compared to a 0.03% advance in the BSE Sensex.
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