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ITDCEM
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Recent events
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ITD Cementation India Says JV Awarded 102.2 Million Rupees In Arbitration
March 19 (Reuters) - ITD Cementation India Ltd ITCM.NS:
JV AWARDED 102.2 MILLION RUPEES IN ARBITRATION
Source text: ID:nBSEpJSPc
Further company coverage: ITCM.NS
(([email protected];;))
March 19 (Reuters) - ITD Cementation India Ltd ITCM.NS:
JV AWARDED 102.2 MILLION RUPEES IN ARBITRATION
Source text: ID:nBSEpJSPc
Further company coverage: ITCM.NS
(([email protected];;))
ITD Cementation India Says Renew Exim Dmcc To Make Open Offer For 26% Of Co At 571.68 Rupees/Share
Jan 29 (Reuters) - ITD Cementation India Ltd ITCM.NS:
RENEW EXIM DMCC TO MAKE OPEN OFFER FOR 26% OF CO AT 571.68 RUPEES/SHARE
Source text: ID:nBSE7X3zHW
Further company coverage: ITCM.NS
(([email protected];;))
Jan 29 (Reuters) - ITD Cementation India Ltd ITCM.NS:
RENEW EXIM DMCC TO MAKE OPEN OFFER FOR 26% OF CO AT 571.68 RUPEES/SHARE
Source text: ID:nBSE7X3zHW
Further company coverage: ITCM.NS
(([email protected];;))
ITD Cementation India Receives Arbitral Award
Jan 17 (Reuters) - ITD Cementation India Ltd ITCM.NS:
RECEIVES ARBITRAL AWARD
AWARD PARTIALLY GRANTS CO CLAIMS IN CONTRACTUAL DISPUTES
AWARD TOTALS 122.1 MILLION RUPEES
Source text: ID:nNSEbpt1g8
Further company coverage: ITCM.NS
(([email protected];;))
Jan 17 (Reuters) - ITD Cementation India Ltd ITCM.NS:
RECEIVES ARBITRAL AWARD
AWARD PARTIALLY GRANTS CO CLAIMS IN CONTRACTUAL DISPUTES
AWARD TOTALS 122.1 MILLION RUPEES
Source text: ID:nNSEbpt1g8
Further company coverage: ITCM.NS
(([email protected];;))
ITD Cementation India Secures Contract Worth 16.48 Bln Rupees
Dec 31 (Reuters) - ITD Cementation India Ltd ITCM.NS:
SECURES CONTRACT WORTH 16.48 BILLION RUPEES EXCLUDING GST
SECURES MARINE CONTRACT FOR VADHVAN PORT
Source text: ID:nBSE5CtHrt
Further company coverage: ITCM.NS
(([email protected];;))
Dec 31 (Reuters) - ITD Cementation India Ltd ITCM.NS:
SECURES CONTRACT WORTH 16.48 BILLION RUPEES EXCLUDING GST
SECURES MARINE CONTRACT FOR VADHVAN PORT
Source text: ID:nBSE5CtHrt
Further company coverage: ITCM.NS
(([email protected];;))
Itd Cementation India Says Sept-Quarter Profit At 720.4 Million Rupees
Nov 7 (Reuters) - ITD Cementation India Ltd ITCM.NS:
ITD CEMENTATION INDIA LTD SEPT-QUARTER PROFIT 720.4 MILLION RUPEES
ITD CEMENTATION INDIA LTD SEPT-QUARTER REVENUE FROM OPERATIONS 18.98 BILLION RUPEES
Source text: ID:nBSE9x8Hcj
Further company coverage: ITCM.NS
(([email protected];))
Nov 7 (Reuters) - ITD Cementation India Ltd ITCM.NS:
ITD CEMENTATION INDIA LTD SEPT-QUARTER PROFIT 720.4 MILLION RUPEES
ITD CEMENTATION INDIA LTD SEPT-QUARTER REVENUE FROM OPERATIONS 18.98 BILLION RUPEES
Source text: ID:nBSE9x8Hcj
Further company coverage: ITCM.NS
(([email protected];))
India's ITD Cementation hits record high on 19.37 bln rupee-order win
** Shares of engineering firm ITD Cementation ITCM.NS rise exchange-allowed maximum of 20% to a record 645.35 rupees
** Co won order worth 19.37 bln rupees ($230.7 mln) to build multi-storey commercial building in Uttar Pradesh
** Stock set for best day since June 18, 2020
** Trade vol at more than 7x the 30-day avg of 1.61 mln
** ITCM up ~115% YTD, rival NBCC (India) NBCC.NS up ~112% and KEC International KECL.NS up ~74%
($1 = 83.9500 Indian rupees)
(Reporting by Varun Vyas in Bengaluru)
** Shares of engineering firm ITD Cementation ITCM.NS rise exchange-allowed maximum of 20% to a record 645.35 rupees
** Co won order worth 19.37 bln rupees ($230.7 mln) to build multi-storey commercial building in Uttar Pradesh
** Stock set for best day since June 18, 2020
** Trade vol at more than 7x the 30-day avg of 1.61 mln
** ITCM up ~115% YTD, rival NBCC (India) NBCC.NS up ~112% and KEC International KECL.NS up ~74%
($1 = 83.9500 Indian rupees)
(Reporting by Varun Vyas in Bengaluru)
ITD Cementation India climbs 20% on report of Adani Group eyeing stake in co
** ITD Cementation India ITCM.NS hits upper circuit of 20% to a 3-week high of 565.85 rupees
** Adani Group is set to buy ~47% stake in engineering and construction co, Economic Times reports, citing people aware of the matter
** Stock set for its best day in more than four years, to snap three straight sessions of declines
** More than 13 mln shares traded, 8.5x the 30-day avg, in stock's busiest day in more than a month
** YTD, ITCM has nearly doubled
(Reporting by Nishit Navin)
(([email protected];))
** ITD Cementation India ITCM.NS hits upper circuit of 20% to a 3-week high of 565.85 rupees
** Adani Group is set to buy ~47% stake in engineering and construction co, Economic Times reports, citing people aware of the matter
** Stock set for its best day in more than four years, to snap three straight sessions of declines
** More than 13 mln shares traded, 8.5x the 30-day avg, in stock's busiest day in more than a month
** YTD, ITCM has nearly doubled
(Reporting by Nishit Navin)
(([email protected];))
ITD Cementation India gains on near two-fold surge in Q1 profit
** Shares of ITD Cementation ITCM.NS jump ~7%
** The engineering and construction company posts near two-fold surge in Q1 consol net profit, rev from ops up 30% Y/Y
** Analysts, on avg, rate ITCM the equivalent of "buy", same as for rival IRB Infra Developers IRBI.NS -LSEG data
** ITCM has surged ~81% so far this year, while IRBI is up ~53%
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of ITD Cementation ITCM.NS jump ~7%
** The engineering and construction company posts near two-fold surge in Q1 consol net profit, rev from ops up 30% Y/Y
** Analysts, on avg, rate ITCM the equivalent of "buy", same as for rival IRB Infra Developers IRBI.NS -LSEG data
** ITCM has surged ~81% so far this year, while IRBI is up ~53%
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
ITD Cementation India June-Quarter Consol Net Profit 1 Billion Rupees
Aug 7 (Reuters) - ITD Cementation India Ltd ITCM.NS:
ITD CEMENTATION INDIA JUNE-QUARTER CONSOL NET PROFIT 1 BILLION RUPEES
ITD CEMENTATION INDIA LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 23.81 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: ITCM.NS
(([email protected];))
Aug 7 (Reuters) - ITD Cementation India Ltd ITCM.NS:
ITD CEMENTATION INDIA JUNE-QUARTER CONSOL NET PROFIT 1 BILLION RUPEES
ITD CEMENTATION INDIA LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 23.81 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: ITCM.NS
(([email protected];))
India's ITD Cementation rises after order win worth 12.3 bln rupees
** Shares of ITD Cementation India ITCM.NS rise 4.7% to 535 rupees, their highest since July 4
** The engineering and construction co receives new contract worth 12.37 bln rupees ($147.75 mln) for constructing residential colony
** ITCM stock on track for a third straight day of gains
** Stock sees busiest month, with over 43 mln shares traded
** Stock up 85%, YTD
($1 = 83.7240 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
** Shares of ITD Cementation India ITCM.NS rise 4.7% to 535 rupees, their highest since July 4
** The engineering and construction co receives new contract worth 12.37 bln rupees ($147.75 mln) for constructing residential colony
** ITCM stock on track for a third straight day of gains
** Stock sees busiest month, with over 43 mln shares traded
** Stock up 85%, YTD
($1 = 83.7240 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
ITD Cementation India Gets New Contract Worth 12.37 Billion Rupees
July 29 (Reuters) - ITD Cementation India Ltd ITCM.NS:
SECURED NEW CONTRACT WORTH 12.37 BILLION RUPEES
CONTRACT FOR CONSTRUCTING RESIDENTIAL COLONY IN NEW DELHI
Source text for Eikon: ID:nBSEjJvQM
Further company coverage: ITCM.NS
(([email protected];))
July 29 (Reuters) - ITD Cementation India Ltd ITCM.NS:
SECURED NEW CONTRACT WORTH 12.37 BILLION RUPEES
CONTRACT FOR CONSTRUCTING RESIDENTIAL COLONY IN NEW DELHI
Source text for Eikon: ID:nBSEjJvQM
Further company coverage: ITCM.NS
(([email protected];))
ITD Cementation India falls as top shareholder explores divestment
** Shares of ITD Cementation India ITCM.NS down 7% at 533 rupees
** Stock marks steepest decline in over a month
** ITCM said its top shareholder Italian Thai Development Public Co was exploring a potential divestment
** Process is at a preliminary stage and no decision has been made, co adds
** Italian Thai Development holds a near 47% stake in co, as per exchange data
** More than 2 mln shares traded, vols cross 30-day avg of 1.53 mln in first half hour of trading
** Still, stock is up nearly 90% so far in 2024
(Reporting by Nishit Navin)
(([email protected];))
** Shares of ITD Cementation India ITCM.NS down 7% at 533 rupees
** Stock marks steepest decline in over a month
** ITCM said its top shareholder Italian Thai Development Public Co was exploring a potential divestment
** Process is at a preliminary stage and no decision has been made, co adds
** Italian Thai Development holds a near 47% stake in co, as per exchange data
** More than 2 mln shares traded, vols cross 30-day avg of 1.53 mln in first half hour of trading
** Still, stock is up nearly 90% so far in 2024
(Reporting by Nishit Navin)
(([email protected];))
ITD Cementation India Gets New Marine Contract
June 26 (Reuters) - ITD Cementation India Ltd ITCM.NS:
GETS NEW MARINE CONTRACT WORTH 10.82 BILLION RUPEES
Source text for Eikon: ID:nBSEb17Cjp
Further company coverage: ITCM.NS
(([email protected];;))
June 26 (Reuters) - ITD Cementation India Ltd ITCM.NS:
GETS NEW MARINE CONTRACT WORTH 10.82 BILLION RUPEES
Source text for Eikon: ID:nBSEb17Cjp
Further company coverage: ITCM.NS
(([email protected];;))
Itd Cementation India Says Co Initiated Arbitration Proceedings Against Reliance Infrastructure For Non-Payment Of Dues
June 4 (Reuters) - ITD Cementation India Ltd ITCM.NS:
ITD CEMENTATION INDIA - CO INITIATED ARBITRATION PROCEEDINGS AGAINST RELIANCE INFRASTRUCTURE FOR NON-PAYMENT OF DUES
ITD CEMENTATION INDIA - CO RECEIVED INTIMATION THAT RELIANCE INFRA FILED COUNTER CLAIMS FOR 598.3 MILLION RUPEES
Source text for Eikon: ID:nBSEYRqVM
Further company coverage: ITCM.NS
(([email protected];))
June 4 (Reuters) - ITD Cementation India Ltd ITCM.NS:
ITD CEMENTATION INDIA - CO INITIATED ARBITRATION PROCEEDINGS AGAINST RELIANCE INFRASTRUCTURE FOR NON-PAYMENT OF DUES
ITD CEMENTATION INDIA - CO RECEIVED INTIMATION THAT RELIANCE INFRA FILED COUNTER CLAIMS FOR 598.3 MILLION RUPEES
Source text for Eikon: ID:nBSEYRqVM
Further company coverage: ITCM.NS
(([email protected];))
ITD Cementation India Says Dividend 1.7 Rupees Per Share
May 28 (Reuters) - ITD Cementation India Ltd ITCM.NS:
ITD CEMENTATION INDIA - DIVIDEND 1.7 RUPEES PER SHARE
ITD CEMENTATION INDIA LTD MARCH-QUARTER CONSOL NET PROFIT 895.1 MILLION RUPEES VERSUS 377.9 MILLION RUPEES
ITD CEMENTATION INDIA LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 22.58 BILLION RUPEES VERSUS 16.31 BILLION RUPEES
Source text for Eikon: ID:nBSE2xP1cS
Further company coverage: ITCM.NS
(([email protected];))
May 28 (Reuters) - ITD Cementation India Ltd ITCM.NS:
ITD CEMENTATION INDIA - DIVIDEND 1.7 RUPEES PER SHARE
ITD CEMENTATION INDIA LTD MARCH-QUARTER CONSOL NET PROFIT 895.1 MILLION RUPEES VERSUS 377.9 MILLION RUPEES
ITD CEMENTATION INDIA LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 22.58 BILLION RUPEES VERSUS 16.31 BILLION RUPEES
Source text for Eikon: ID:nBSE2xP1cS
Further company coverage: ITCM.NS
(([email protected];))
ITD Cementation India rises to record high on Q3 profit surge
** Shares of ITD Cementation India ITCM.NS up as much as 5.5% to a record high of 352.7 rupees
** Engineering and construction co reported a more-than-two-fold jump in consolidated net profit for the Dec-qtr to 783.9 mln rupees ($9.4 million); rev from ops rose 52%
** More than 2.7 mln shares change hands, 2.6x its 30-day avg
** Stock last up 2.8%, pushing YTD gains to 20.2%
($1 = 83.0228 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of ITD Cementation India ITCM.NS up as much as 5.5% to a record high of 352.7 rupees
** Engineering and construction co reported a more-than-two-fold jump in consolidated net profit for the Dec-qtr to 783.9 mln rupees ($9.4 million); rev from ops rose 52%
** More than 2.7 mln shares change hands, 2.6x its 30-day avg
** Stock last up 2.8%, pushing YTD gains to 20.2%
($1 = 83.0228 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
ITD Cementation India Dec-Quarter Consol Net Profit Jumps
Feb 8 (Reuters) - ITD Cementation India Ltd ITCM.NS:
DEC-QUARTER CONSOL NET PROFIT 783.9 MILLION RUPEES VERSUS PROFIT 365.2 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 20.17 BILLION RUPEES VERSUS 13.27 BILLION RUPEES
Source text for Eikon: ID:nBSE31wnlf
Further company coverage: ITCM.NS
(([email protected];))
Feb 8 (Reuters) - ITD Cementation India Ltd ITCM.NS:
DEC-QUARTER CONSOL NET PROFIT 783.9 MILLION RUPEES VERSUS PROFIT 365.2 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 20.17 BILLION RUPEES VERSUS 13.27 BILLION RUPEES
Source text for Eikon: ID:nBSE31wnlf
Further company coverage: ITCM.NS
(([email protected];))
ITD Cementation India jumps on $120 mln order win
** Shares of ITD Cementation India ITCM.NS rise as much as 12.9% to a record high of 304.85 rupees
** Engineering and construction co secures orders worth 10.01 bln rupees ($120.16 mln)
** ITCM up over 35% in Nov., marking its best month since June 2020
** Stock hit record highs five times in Nov.
** Stock most active in nearly 3 months, trading volume at 3x the 30-day avg
** Stock last up 7.5%, taking YTD gains to ~144%
($1 = 83.3075 Indian rupees)
(Reporitng by Nishit Navin)
(([email protected];))
** Shares of ITD Cementation India ITCM.NS rise as much as 12.9% to a record high of 304.85 rupees
** Engineering and construction co secures orders worth 10.01 bln rupees ($120.16 mln)
** ITCM up over 35% in Nov., marking its best month since June 2020
** Stock hit record highs five times in Nov.
** Stock most active in nearly 3 months, trading volume at 3x the 30-day avg
** Stock last up 7.5%, taking YTD gains to ~144%
($1 = 83.3075 Indian rupees)
(Reporitng by Nishit Navin)
(([email protected];))
Itd Cementation India Got New Order Worth About 10.01 Billion Rupees
Nov 30 (Reuters) - ITD Cementation India Ltd ITCM.NS:
GOT NEW ORDER WORTH ABOUT 10.01 BILLION RUPEES
CONTRACT FOR CIVIL & HYDROMECHANICAL WORKS OF 500 MW HYDEL POWER, PUMPED STORAGE PROJECT
Further company coverage: ITCM.NS
(([email protected];))
Nov 30 (Reuters) - ITD Cementation India Ltd ITCM.NS:
GOT NEW ORDER WORTH ABOUT 10.01 BILLION RUPEES
CONTRACT FOR CIVIL & HYDROMECHANICAL WORKS OF 500 MW HYDEL POWER, PUMPED STORAGE PROJECT
Further company coverage: ITCM.NS
(([email protected];))
ITD Cementation India extends rally to hit fresh record
** Shares of ITD Cementation India ITCM.NS rise as much as 5.6% to a fresh record at 280.50 rupees
** The engineering and construction co's stock hit a record high for the 5th time this month
** Share price above 50-day, 100-day and 200-day exponential moving averages since Nov. 7
** More than 2.4 mln shares change hands by 12:12 p.m. IST, 1.8x the 30-day avg
** Avg rating of three analysts equivalent of "buy;" median PT is 254 rupees - LSEG data
** Stock last up 3.2%, bumping YTD gains to 130%
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of ITD Cementation India ITCM.NS rise as much as 5.6% to a fresh record at 280.50 rupees
** The engineering and construction co's stock hit a record high for the 5th time this month
** Share price above 50-day, 100-day and 200-day exponential moving averages since Nov. 7
** More than 2.4 mln shares change hands by 12:12 p.m. IST, 1.8x the 30-day avg
** Avg rating of three analysts equivalent of "buy;" median PT is 254 rupees - LSEG data
** Stock last up 3.2%, bumping YTD gains to 130%
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
ITD Cementation India hits record high on 33 bln rupee order win
** Shares of engineering, construction company ITD Cementation India ITCM.NS rise as much as 13.4% to 246.5 rupees, a record high
** Stock of ITCM sees sharpest intraday pct gain since June 8, 2022, on track for a fourth consecutive session of gain, if trend holds
** ITCM on Thursday secured a marine contract worth 32.9 billion rupees ($398.20 million)
** More than 5.6 mln shares change hands by 09:33 a.m. IST, 3.6x the 30-day avg
** Stock up 82.5% so far this year, up as much as ~15.6% in the week
($1 = 82.6225 Indian rupees)
(Reporting by Anisha Ajith in Bengaluru)
(([email protected];))
** Shares of engineering, construction company ITD Cementation India ITCM.NS rise as much as 13.4% to 246.5 rupees, a record high
** Stock of ITCM sees sharpest intraday pct gain since June 8, 2022, on track for a fourth consecutive session of gain, if trend holds
** ITCM on Thursday secured a marine contract worth 32.9 billion rupees ($398.20 million)
** More than 5.6 mln shares change hands by 09:33 a.m. IST, 3.6x the 30-day avg
** Stock up 82.5% so far this year, up as much as ~15.6% in the week
($1 = 82.6225 Indian rupees)
(Reporting by Anisha Ajith in Bengaluru)
(([email protected];))
ITD Cementation India Secured Marine Contract Worth About 32.90 Billion Rupees
Aug 31 (Reuters) - ITD Cementation India Ltd ITCM.NS:
SECURED MARINE CONTRACT WORTH APPROXIMATELY 32.90 BILLION RUPEES
Source text for Eikon: ID:nBSE2Vlfs5
Further company coverage: ITCM.NS
(([email protected];))
Aug 31 (Reuters) - ITD Cementation India Ltd ITCM.NS:
SECURED MARINE CONTRACT WORTH APPROXIMATELY 32.90 BILLION RUPEES
Source text for Eikon: ID:nBSE2Vlfs5
Further company coverage: ITCM.NS
(([email protected];))
ITD Cementation India Got Arbitration Award Claims Worth 47.1 Million Rupees
Aug 25 (Reuters) - ITD Cementation India Ltd ITCM.NS:
GOT ARBITRATION AWARD CLAIMS WORTH 47.1 MILLION RUPEES
ARBITRATION AWARD IN RESPECT OF CONTRACTUAL DISPUTES
Source text for Eikon: ID:nBSE2lKsDb
Further company coverage: ITCM.NS
(([email protected];))
Aug 25 (Reuters) - ITD Cementation India Ltd ITCM.NS:
GOT ARBITRATION AWARD CLAIMS WORTH 47.1 MILLION RUPEES
ARBITRATION AWARD IN RESPECT OF CONTRACTUAL DISPUTES
Source text for Eikon: ID:nBSE2lKsDb
Further company coverage: ITCM.NS
(([email protected];))
India's ITD Cementation hits over 5-yr high as JV wins $205 mln order
** Shares of India's ITD Cementation ITCM.NS up as much as 9.69% at 214.55 rupees, highest since Jan. 24, 2018
** The engineering and construction co said its joint venture in Bangladesh secured contract worth about $205 million
** Shares trading above 50-day and 100-day simple moving averages, suggesting bullish trend
** More than 1.8 mln shares changed hands by 9:46 a.m. IST, 1.4x 30-day avg
** Including session's gains, stock has jumped ~75% YTD
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of India's ITD Cementation ITCM.NS up as much as 9.69% at 214.55 rupees, highest since Jan. 24, 2018
** The engineering and construction co said its joint venture in Bangladesh secured contract worth about $205 million
** Shares trading above 50-day and 100-day simple moving averages, suggesting bullish trend
** More than 1.8 mln shares changed hands by 9:46 a.m. IST, 1.4x 30-day avg
** Including session's gains, stock has jumped ~75% YTD
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
ITD Cementation India Secures New Order Worth Around $205 Million
Aug 9 (Reuters) - ITD Cementation India Ltd ITCM.NS:
ITD CEMENTATION INDIA LTD - SECURED NEW ORDER WORTH AROUND $205 MILLION
Source text for Eikon: ID:nBSE6drCxg
Further company coverage: ITCM.NS
(([email protected];;))
Aug 9 (Reuters) - ITD Cementation India Ltd ITCM.NS:
ITD CEMENTATION INDIA LTD - SECURED NEW ORDER WORTH AROUND $205 MILLION
Source text for Eikon: ID:nBSE6drCxg
Further company coverage: ITCM.NS
(([email protected];;))
ITD Cementation India June-Quarter Consol Net Profit Rises
Aug 7 (Reuters) - ITD Cementation India Ltd ITCM.NS:
JUNE-QUARTER CONSOL NET PROFIT 522.1 MILLION RUPEES VERSUS PROFIT 300.6 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 18.33 BILLION RUPEES VERSUS 10.98 BILLION RUPEES
Source text for Eikon: ID:nBSEKRqbP
Further company coverage: ITCM.NS
(([email protected];;))
Aug 7 (Reuters) - ITD Cementation India Ltd ITCM.NS:
JUNE-QUARTER CONSOL NET PROFIT 522.1 MILLION RUPEES VERSUS PROFIT 300.6 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 18.33 BILLION RUPEES VERSUS 10.98 BILLION RUPEES
Source text for Eikon: ID:nBSEKRqbP
Further company coverage: ITCM.NS
(([email protected];;))
ITD Cementation India rises on fourth-quarter profit growth
** Shares of ITD Cementation India Ltd ITCM.NS climb as much as 5.86% to 155.45 rupees
** Stock gains after the engineering and construction firm reported consolidated net profit that more than doubled Y/Y in March quarter to 377.9 mln rupees ($4.62 mln) nFWN37M0YP
** Revenue up 39% at 16.31 bln rupees
** Co also approves final dividend of 0.75 rupees per share, subject to shareholders' approval
** Trading volume is 2.09 mln shares, 1.7x the 30-day avg - Refinitiv data
($1 = 81.7800 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of ITD Cementation India Ltd ITCM.NS climb as much as 5.86% to 155.45 rupees
** Stock gains after the engineering and construction firm reported consolidated net profit that more than doubled Y/Y in March quarter to 377.9 mln rupees ($4.62 mln) nFWN37M0YP
** Revenue up 39% at 16.31 bln rupees
** Co also approves final dividend of 0.75 rupees per share, subject to shareholders' approval
** Trading volume is 2.09 mln shares, 1.7x the 30-day avg - Refinitiv data
($1 = 81.7800 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
ITD Cementation India March-Quarter Consol Net Profit Rises
May 25 (Reuters) - ITD Cementation India Ltd ITCM.NS:
ITD CEMENTATION INDIA MARCH-QUARTER CONSOL NET PROFIT 377.9 MILLION RUPEES VERSUS 163.8 MILLION RUPEES
ITD CEMENTATION INDIA MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 16.31 BILLION RUPEES VERSUS 11.74 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: ITCM.NS
(([email protected];))
May 25 (Reuters) - ITD Cementation India Ltd ITCM.NS:
ITD CEMENTATION INDIA MARCH-QUARTER CONSOL NET PROFIT 377.9 MILLION RUPEES VERSUS 163.8 MILLION RUPEES
ITD CEMENTATION INDIA MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 16.31 BILLION RUPEES VERSUS 11.74 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: ITCM.NS
(([email protected];))
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What does ITD Cementation do?
ITD Cementation India, backed by over eight decades of experience, excels in various construction projects including Maritime Structures, Tunnels, Highways, and Industrial Structures. It is a market leader in Maritime Structures and Foundations, known for expertise and quality.
Who are the competitors of ITD Cementation?
ITD Cementation major competitors are Dilip Buildcon, PSP Projects, Power Mech Projects, Engineers India, ISGEC Heavy Engg., ION Exchage, Welspun Enterprises. Market Cap of ITD Cementation is ₹9,219 Crs. While the median market cap of its peers are ₹7,792 Crs.
Is ITD Cementation financially stable compared to its competitors?
ITD Cementation seems to be less financially stable compared to its competitors. Altman Z score of ITD Cementation is 3.13 and is ranked 6 out of its 8 competitors.
Does ITD Cementation pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. ITD Cementation latest dividend payout ratio is 10.67% and 3yr average dividend payout ratio is 10.65%
How has ITD Cementation allocated its funds?
Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances
How strong is ITD Cementation balance sheet?
Balance sheet of ITD Cementation is strong. But short term working capital might become an issue for this company.
Is the profitablity of ITD Cementation improving?
Yes, profit is increasing. The profit of ITD Cementation is ₹348 Crs for TTM, ₹274 Crs for Mar 2024 and ₹124 Crs for Mar 2023.
Is the debt of ITD Cementation increasing or decreasing?
Yes, The debt of ITD Cementation is increasing. Latest debt of ITD Cementation is ₹502 Crs as of Sep-24. This is greater than Mar-24 when it was -₹928.79 Crs.
Is ITD Cementation stock expensive?
Yes, ITD Cementation is expensive. Latest PE of ITD Cementation is 26.43, while 3 year average PE is 25.95. Also latest EV/EBITDA of ITD Cementation is 11.72 while 3yr average is 7.78.
Has the share price of ITD Cementation grown faster than its competition?
ITD Cementation has given better returns compared to its competitors. ITD Cementation has grown at ~18.21% over the last 7yrs while peers have grown at a median rate of 2.26%
Is the promoter bullish about ITD Cementation?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in ITD Cementation is 46.64% and last quarter promoter holding is 46.64%.
Are mutual funds buying/selling ITD Cementation?
The mutual fund holding of ITD Cementation is increasing. The current mutual fund holding in ITD Cementation is 2.93% while previous quarter holding is 1.12%.