ITD Cementation, a company related to the urban construction industry, has been making investors rich. In Friday’s trading session, the company’s share was trading at Rs 305 with a 13% increase. The company’s share reached its highest level in 52 weeks on Friday. The main reason for the share’s surge is that the company recently received a new order worth Rs 1001 crore. On Friday, December 1, 2023, ITD Cementation’s share closed at Rs 276.00 with a 2.20% increase. On Monday, December 4, 2023, the share was trading at Rs 279 with a 1.54% increase. The company’s share has given a return of 54% to its investors in the past month. The company received a contract from the state of Andhra Pradesh for a 500-megawatt hydropower and pump storage project, related to civil and hydro-mechanical works. This project is located in Andhra Pradesh and has a total value of Rs 1001 crore. Before this, ITD Cementation signed a joint venture agreement with Transrail Lighting in Bangladesh on August 10, 2023. As of September 30, 2023, the order book size of ITD Cementation stood at Rs 22,080 crore. In 2023, the company’s share has given a return of 125% to its investors. The company’s share was trading at Rs 126.45 on January 2, 2023. In the past 8 months, the company’s share has given a return of 190% to its investors. The company’s share was trading at Rs 97.31 on March 28, 2023. ITD Cementation’s share has reached a low of Rs 93.75 in the past 52 weeks.
ITD Cementation Share Price on 4 December 2023:
1. The share price of ITD Cementation was trading at INR 305 per share with a 13% increase in the Friday trading session.
2. The company’s share reached its highest level in 52 weeks on Friday.
3. The main reason for the increase in the share price is the recent order worth INR 1001 crore received by the company.
4. On 1 December 2023, the share closed at INR 276.00 with a 2.20% increase.
5. On Monday, 4 December 2023, the share was trading at INR 279 with a 1.54% increase.
6. ITD Cementation has provided a 54% return to its investors in the past month.
7. The company has received a contract from Andhra Pradesh state for a 500 MW hydroelectric power project and pump storage project.
8. The total value of this project is INR 1001 crore.
9. Prior to this, the company had signed a joint venture agreement for transmission lighting in Bangladesh on 10 August 2023.
10. As of the end of the third quarter, the order book size of ITD Cementation was INR 22,080 crore.
11. In 2023, ITD Cementation’s share has provided a 125% return to its investors.
12. The share was trading at INR 126.45 on 2 January 2023.
13. In the past 8 months, the company’s share has provided a 190% return to its investors.
14. The share was trading at INR 97.31 on 28 March 2023.
15. The share of ITD Cementation reached its lowest level in 52 weeks at INR 93.75.
Note: The information provided is as of 4 December 2023 and may be subject to change.
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