Image Source: One Zero
ITD Cementation India Ltd. has bagged a ₹8.93 billion contract, reinforcing its position in India’s infrastructure sector. The project, awarded by a government-backed entity, focuses on urban development and transportation, with execution expected to begin in Q3 FY26.
Key Highlights:
₹8.93 billion contract awarded for urban infrastructure development.
Project includes metro expansion, tunneling, and waterway connectivity.
Execution timeline set for Q3 FY26, boosting revenue visibility.
Stock surged 4.2% post-announcement, reflecting investor confidence.
Company aims to leverage expertise in large-scale civil engineering projects.
With this major contract win, ITD Cementation continues to expand its footprint, contributing to India’s growing infrastructure landscape.
Source: Yahoo Finance | Stock Analysis | Trendlyne
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