ITD Cementation India jumps on Q4 profit surge, order win

Cemindia Projects

14/05/2025 08:22

** ITD Cementation India ITCM.NS rises 8.8% to 614.80 rupees; set to gain for third straight session

** Construction co's Q4 consol net profit jumps 26.9% Y/Y; revenue up 9.8% Y/Y

** Bags 5.93 bln rupees ($69.5 mln) order for infra construction at Jaipur International Airport in Rajasthan

** Stock sees most active session since October 2024, with ~5.4 mln shares traded - 8.9x the 30-day avg

** YTD, ITCM gains ~14%

($1 = 85.3450 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))