ITD Cementation India has
received a Letter of Intent for Engineering, Procurement and
Construction (EPC) of Container Berth, Backup Yard Phase - I, Building
and Utilities for Adani Yangon International Terminal Company Limited in
Myanmar aggregating to $80mn.
The award of this project is a testimony of our expertise and credentials in the execution and construction of Maritime Structures and Specialist Engineering in EPC Projects and is a step towards our endeavour to look for opportunities beyond Indian borders, the company said in the filing.
Stock view:
ITD Cementation India Ltd ended at Rs50.85, up by Rs2.4 or 4.95% from its previous closing of Rs48.45 on the BSE.
The scrip opened at Rs49 and has touched a high and low of Rs50.85 and Rs48.10 respectively.
The award of this project is a testimony of our expertise and credentials in the execution and construction of Maritime Structures and Specialist Engineering in EPC Projects and is a step towards our endeavour to look for opportunities beyond Indian borders, the company said in the filing.
Stock view:
ITD Cementation India Ltd ended at Rs50.85, up by Rs2.4 or 4.95% from its previous closing of Rs48.45 on the BSE.
The scrip opened at Rs49 and has touched a high and low of Rs50.85 and Rs48.10 respectively.
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