ITD Cementation India Ltd is a prominent construction company in India, specializing in infrastructure projects. Established in 1978, the company is part of the ITD Group and has a strong reputation for executing complex projects across various sectors, including transportation, water, and urban infrastructure.
ITD Cementation focuses on providing high-quality services in civil engineering, marine works, and specialized construction. The company has completed numerous significant projects, such as bridges, highways, and tunnels, contributing to India’s development. Itdcem Share Price on NSE as of 3 October 2024 is 645.35 INR. Here will provide more details on Itdcem Share Price Target 2024, 2025, 2026 to 2030.
ITD Cementation India Ltd: Market Overview
- Open Price: ₹533.85
- High Price: ₹645.35
- Low Price: ₹533.85
- Previous Close: ₹537.80
- Volume: 15,024,670
- Value (Lacs): ₹96,691.26
- VWAP: 625.29
- UC Limit: ₹645.35
- LC Limit: ₹430.25
- P/E ratio: 34.46
- Div yield: 0.26%
- 52-wk high: ₹645.35
- 52-wk low: ₹188.00
- Mkt cap: ₹11.07°°ä°ù
- Face Value: ₹1
Itdcem Share Price Chart
Itdcem Share Price Target Tomorrow 2024 To 2030
Itdcem Share Price Target Years | Share Price Target |
2024 | ₹740 |
2025 | ₹870 |
2026 | ₹992 |
2027 | ₹1130 |
2028 | ₹1250 |
2029 | ₹1380 |
2030 | ₹1520 |
ITD Cementation Share Price Target 2024
Itdcem share price target 2024 Expected target could be ₹740. Here are three key factors affecting the growth of ITD Cementation India Ltd’s share price target for 2024:
- Infrastructure Development Initiatives: The Indian government’s focus on infrastructure development, including highways, railways, and urban projects, is a significant driver for ITD Cementation. Increased public and private investments in infrastructure can boost the company’s order book, leading to higher revenues and profit margins.
- Project Execution and Efficiency: The company’s ability to execute projects efficiently and on time is crucial for maintaining a competitive edge. Successful project management, adherence to timelines, and quality standards can enhance ITD Cementation’s reputation and lead to repeat business, positively impacting share prices.
- Economic Conditions and Regulatory Environment: Overall economic growth, interest rates, and regulatory changes in the construction sector can impact ITD Cementation’s growth prospects. Favorable economic conditions can lead to increased demand for construction services, while any changes in regulations or policies can affect project approvals and execution timelines.
Itdcem Share Price Target 2025
Itdcem share price target 2025 Expected target could be ₹870. Here are three key factors affecting the growth of ITD Cementation India Ltd’s share price target for 2025:
- Diversification of Projects: ITD Cementation’s ability to diversify its project portfolio across various sectors such as transportation, urban infrastructure, and water supply can significantly impact its growth. Engaging in projects in emerging sectors can enhance revenue stability and reduce dependency on a single market segment.
- Technological Advancements: The integration of advanced technologies and construction methodologies can improve project efficiency and cost-effectiveness. ITD Cementation’s investment in modern equipment and sustainable practices may lead to better project outcomes, ultimately boosting profitability and share value.
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Strategic Partnerships and Collaborations: Forming strategic alliances and partnerships with other firms can enhance ITD Cementation’s capacity to bid for larger projects and expand its market presence. Collaborations can lead to knowledge sharing, resource pooling, and enhanced competitive advantage in securing new contracts, positively influencing share prices.
Itdcem Share Price Target 2030
Itdcem share price target 2030 Expected target could be ₹1520. Here are three risks and challenges that could impact ITD Cementation India Ltd’s share price target in 2030:
- Economic Fluctuations: Economic downturns or fluctuations can significantly affect infrastructure spending. A slowdown in government spending on infrastructure projects or a decrease in private sector investments may result in reduced order flow for ITD Cementation, impacting revenue and profitability.
- Regulatory Challenges: The construction and cement industry is subject to stringent regulations regarding environmental standards, safety, and labor laws. Any changes in regulations or non-compliance can lead to project delays, increased costs, and potential legal issues, adversely affecting the company’s operations and share price.
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Competition and Market Dynamics: The construction industry is highly competitive, with many players vying for contracts. Increased competition could lead to price wars, reduced margins, and challenges in securing new projects. If ITD Cementation fails to differentiate itself or adapt to changing market demands, its market share and profitability may suffer, negatively influencing its share price in the long term.
Shareholding Pattern For ITD Cementation India Ltd
- ±Ê°ù´Ç³¾´Ç³Ù±ð°ù²õ:Ìý46.63%
- Retail and others:Â 30.93%
- Foreign institutions:Â 20.00%
- Mutual funds:Â 1.65%
- Other domestic institutions:Â 0.79%
ITD Cementation India Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 77.18B | 51.60% |
Operating expense | 21.53B | 38.63% |
Net income | 2.74B | 120.32% |
Net profit margin | 3.55 | 45.49% |
Earnings per share | 15.93 | 120.33% |
EBITDA | 7.25B | 89.99% |
Effective tax rate | 28.42% | — |
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