New Delhi, June 30 -- Shares of multibagger ITD Cementation India Ltd surged nearly 6 percent on Monday, June 30, hitting a record high of Rs.941.75 after the company announced a significant international contract win. The Adani Group-backed construction firm secured a marine infrastructure project worth $67.4 million (approximately Rs.580 crore) for jetty construction works in Abu Dhabi, boosting investor sentiment. The stock's remarkable rally reflects growing investor confidence in the company's expanding order book and operational strength.

ITD Cementation India revealed on Friday, June 27, that it has been awarded a high-value international marine contract for the Ruwais LNG project in Abu Dhabi. The $67.4 million project involves j...