Rs 1001-Cr Order: Small Cap Civil Construction Stock Hits 52-Week High, YTD Return 125%

Small cap company operating in civil construction sector, ITD Cementation India Ltd shares hit fresh 52-week high in trade today on BSE after it informed the exchanges on November 30 about receiving an order worth Rs 1001 crore.

According to the company's press release dated November 30, "ITD Cementation India Limited has secured a contract for Civil & HydroMechanical Works of 500 MW Hydel Power, Pumped Storage Project worth approximately Rs 1,001 crore excluding GST in Andhra Pradesh." Last trading price of ITD Cementation share is Rs 285.05 per share with intraday gain of 5.40%. ITD Cementation shares soared 125% year-to-date and soared 44% in last 1-month. Check details below:

ITD Cementation Stock Performance & Return: ITD Cementation share's 52-week high price is Rs 305.00 apiece and 52-week low price is Rs 93.75 apiece, respectively. The company has a market capitalisation of Rs 4896.81 crore. In last 3-months, ITD Cementation shares gained 73% in last 6-months, soared 127% in last 1-year, offered a rally of 280% in last 2-years, and rose 407% in last 3-years.

ITD Cementation Financials: The company for the quarter ended September 2023 declared its net sales at Rs 1583.36 crore, up 68.81% as against Rs 937.97 crore in September 2022. Its quarterly net profit for the quarter under review came at Rs 53.63 crore, up 171.58% as against Rs 19.75 crore in the corresponding quarter of last year. Its EBITDA stood at Rs 169.18 crore in September 2023, up 85.42% from Rs 91.24 crore in September 2022. The company's EPS surged to Rs 3.12 in September 2023 from Rs 1.15 in September 2022.

About: 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, Foundation & Specialist Engineering."

Disclaimer: The stock just highlights the rally in shares and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.

Tags: ITD Cementation, BSE, Small Cap, Order