Rs 18,300 crore order book: Engineering and Construction company secured new contracts worth Rs 960 crore
The stock gave multibagger returns of 370 per cent in 2 years and a whopping 1,200 per cent in 3 years.
ITD Cementation India Limited has announced the securing of two significant contracts totalling approximately Rs 960 crore, excluding GST. These new projects will involve the construction of various works at Trivandrum International Airport in Kerala, a key infrastructure development for the region. Additionally, the company will undertake the construction of a multi-storied commercial building in Kolkata, West Bengal, further expanding its footprint in the commercial real estate sector.
Earlier, the company secured a contract worth Rs 893 crore, including GST, for the construction of Berth & Breakwater for the development of Greenfield Captive Jetty(s) in Odisha.
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 maritime structures, mass rapid transit systems, airports, hydro-electric power, tunnels, dams & irrigation, highways, bridges & flyovers, industrial structures and buildings, water & waste water and foundation & specialist engineering.
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The company has a market cap of over Rs 13,000 crore and has delivered good profit growth of 38.3 per cent CAGR over the last 5 years with a median sales growth is 17.9 per cent over the last 10 years. The company has an order book of Rs 18,300 crore as of March 2025. The stock gave multibagger returns of 370 per cent in 2 years and a whopping 1,200 per cent in 3 years.
Disclaimer: The article is for informational purposes only and not investment advice.