ITD Cementation India hits near 3-month high on new order wins

Cemindia Projects

13/01/2022 08:58

** Construction engineering firm's shares  ITCM.NS  move
sharply higher in heavy volumes, touching highest in almost 3
months
    ** Company gains as much as 8.8% to 89.95 rupees as it
secures new orders worth 46 bln rupees ($622.76 mln)
 urn:newsml:reuters.com:*:nFWN2TS1T7
    ** ITD Cementation has won the orders from Chennai Metro
Rail Ltd, Adani Ahmedabad International Airport Ltd and Sikkim
University
    ** More than 3.1 mln shares change hands, 5.8x 30-day moving
avg
    ** Including session's gains, ITCM stock up about 10% this
year

 ($1 = 73.8650 Indian rupees)

 (Reporting by Shivani Singh in Bengaluru)
 ((ShivaniSingh1@thomsonreuters.com; +91 89 6969 2349))