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Ashish Kumar

10th Jun 2025 · SEBI-Registered Analyst

ITD Cementation Shares Hit 52-Week High on Rs 893 Crore Odisha Jetty Contract

ITDCEM
tation’s share price surged 9.33% to a 52-week high of Rs 830 on the NSE on June 10, 2025, after the company secured a Rs 893 crore contract for constructing berth and breakwater structures for a greenfield captive jetty in Odisha. The stock opened 5.37% higher and was trading at Rs 811.45 by 10:30 AM, up 6.88%. This marks the second consecutive day of gains, with the stock up 9.57% over the period. The new contract strengthens ITD Cementation’s order book, following a recent Rs 593 crore deal for infrastructure work at Jaipur International Airport. The company reported robust financials for Q4 FY25, with a 27% year-on-year net profit increase to Rs 113.6 crore and a 10% revenue rise to Rs 2,478.7 crore, driven by steady project execution. Show in sidebar

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