This engineering and construction company gets work order worth Rs 833 crore to build Thal Sena Bhavan

Shares of the company have jumped more than 24 per cent in the last 6 months.

On February 15, 2023, ITD Cementation India Limited informed in the exchange filing that it has secured an order to construct Thal Sena Bhawan at Delhi Cantt-10 on an EPC basis worth around Rs 833 crore. The company has secured orders worth over Rs 8,800 crore since April till date. Earlier, ITD Cementation India had secured three new orders worth Rs 1,755 crore.

ITD Cementation India Limited is one of the leading Engineering and Construction companies undertaking heavy civil, infrastructure and EPC business and operating in India for nine decades with an established presence and expertise in marine structures, mass rapid transit systems, airports, hydro-electric power, tunnels, dams & irrigation, highways, bridges & flyovers, industrial buildings and structures, foundation & specialist engineering.

Today, the stock opened at Rs 105, with a high and low of Rs 108.25 and Rs 104.40. The stock closed trading at Rs 107.50, up by 2.43 per cent. 

In the last 6 months, the shares of the company have given more than 24 per cent returns and on a YTD basis, the stock has given about -12 per cent returns.

The stock has a 52-week high of Rs 146.90 and a 52-week low of Rs 55.50. The company has a ROCE of 14.5 per cent and an ROE of 6.07 per cent, with a market capitalisation of Rs 1847 crore.