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ITD Cementation India Share Price Live

ITDCEM

Small Cap | Infrastructure Developers & Operators

587.45

-0.40 (-0.07%)

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About ITD Cementation India

Formed as Cemindia Company, a FERA company, to take over the Indian branch of the Cementation Company, UK, with its main activity being construction contracts, the company offered specialised services like piling, diaphragm walling, ground treatment, tube leading, soil investigation, mine development, etc. The company, which continues to be a subsidiary of the Cementation Company, UK, which holds a 51% stake, was renamed Trafalgar House Construction with consent from Trafalgar House, UK, the ultimate holding company. Its target markets are marine projects, harbours, jetties, port installation, road and bridge construction, building projects, civil works for industrial structures such as power stations and dams, etc. With technical assistance from its promoter companies Cementation Piling and Foundations, and Cementation Mining, UK it has developed the technology for pipe jacking and box jacking. This facilitates construction of subways and tunnels under existing roads and rail lines without interrupting traffic. The company is responsible for strengthening the base of the Qutub Minar. In 1994-95, the company entered into a collaboration agreement with Trafalgar House Construction (Major Projects), for expertise in construction of highways, motorways, bridges, etc. In Apr.'96, Trafalgar House, UK -- the parent company -- became a wholly owned subsidiary of Kvaerner, ASA, a Norwegian-based company. Subsequently, the name of the company was changed to Kvaerner Cementation India Ltd. In 1999-2000, the company was the first construction company to be accredited with ISO 9002 in India for construction of Port and Harbour Structures in 1999. The Cementation Company Limited,UK the holding company,acquired 736593 equity shares thereby increasing their shareholding to 3702171 equity shares representing 80.37% of the paid up capital.The name of the company was changed from Kvaerner Cementation India Ltd to Skanska Cementation India Ltd., with effect from July'2001. The company had secured a major road construction contracts which are now under execution. The major contracts which were executed in 2001-02 were Installation of RCC Marine Bored Piles for NSICT,Diaphragm Wall for Saifee Hospital,Piling works for CPCL. The company has the distinction of having all its operations certified by ISO systems.The company has been awarded ISO 9001:2000 for quality and ISO 14001:1996 for environment during the year 2003.

Parent Organisation
MNC Associate
Managing Director
PIYACHAI KARNASUTA
Founded
1978
NSE Symbol
ITDCEM

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10th July, 2024
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AngelOne
10th July, 2024
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Itd Cementation India Ltd FAQs

Itd Cementation India Ltd (ITDCEM) share price as of October 11, 2024, on NSE is Rs 587.45 (NSE) and Rs 587.45 (BSE) on BSE.
Yes, You can buy Itd Cementation India Ltd (ITDCEM) shares by opening a Demat account with Angel One.
Itd Cementation India Ltd (ITDCEM) share can be bought through the following modes:
1. Direct investment: You can buy Itd Cementation India Ltd (ITDCEM) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Itd Cementation India Ltd (ITDCEM) shares.
ITD Cementation India Ltd is in the business of engineering, procurement and construction (EPC) and design services for infrastructure projects in India.
Italian Thai Development Public Company Ltd is the promoter of ITD Cementation.
ITD Cementation Projects India Limited is the subsidiary of ITD Cementation.
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