ITD Cementation Share Surges Over 10% on ₹593 Crore Infra Order for Jaipur Airport

ITD Cementation India Limited, a longstanding leader in India’s engineering and construction sector, has recently been awarded a significant infrastructure contract valued at approximately ₹593 crore. This value includes all taxes and duties but excludes GST. The project is a testament to the company’s established expertise and reinforces its operational presence in high-profile infrastructure ventures, particularly in the aviation sector.

Securing the Jaipur Airport Contract

The newly acquired contract involves comprehensive infrastructure works at Jaipur International Airport, Rajasthan. With a value of approximately ₹593 crore, the project underlines ITD Cementation’s strong standing in India’s infrastructure development domain. The announcement was formally made via communication to the BSE and NSE, affirming transparency and regulatory compliance. According to the company's statement, this project falls within the ordinary course of its business activities, which regularly include major public infrastructure projects.

Company Profile and Industry Standing

Established over nine decades ago, ITD Cementation India Limited has built a strong reputation in the engineering and construction landscape. The company operates across several verticals such as maritime structures, mass rapid transit systems, hydro-electric power, tunnels, highways, and industrial infrastructure. With a robust presence in both urban and remote regions, ITD Cementation has played a pivotal role in shaping India's civil and industrial infrastructure. Its engagement in aviation, including this Jaipur Airport project, highlights a strategic push into high-growth, high-impact segments.

Read More: Adani Group Secures CCI Approval for ITD Cementation Stake Acquisition 

ITD Cementation Share Performance 

As of May 14, 2025, at 10:40 AM, ITD Cementation share price is trading at ₹640.00 per share, a surge of 13.28% from the previous closing price. Over the past month, the stock has surged by 20.20%.

Conclusion

The ₹593 crore contract for Jaipur International Airport significantly strengthens ITD Cementation’s foothold in aviation infrastructure. It reflects the company’s continued commitment to excellence in engineering and large-scale project execution across India.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.