ITD Cementation India jumps on $120 mln order win

Cemindia Projects

01/12/2023 04:50

** 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)
 ((nishit.navin@thomsonreuters.com;))