ITD Cementation had announced on July 3, 2024, that its promoter Italian Thai Development (ITD) Public Company Limited is exploring a potential divestment of its investments in the company.
On July 3,Italian Thai Development Public Company, the Promoter shareholder of the company, informed that they are exploring a potential possible divestment of their investments in ITD Cementation
The uptick in the share price came after the company announced a strong set of Q1FY25 results.
The uptick in share price came after the company announced that it has secured an order worth Rs 1,237 crore.
ITD Cementation promoter stake: At the end of the March quarter, Italian-Thai Development Public Company held a 46.64 per cent stake in ITD Cementation. The stock of ITD Cementation is up 101% YTD
Shares of civil construction firm ITD Cementation India soared up to 3.66 per cent at Rs 537 per share, hitting its 52-week high on the BSE in Thursday's intraday trade