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    Alice Blue
    3rd Floor, M.R.B.Arcade, No. 153/2,
    Bagalur Main Rd, Dwarka Nagar,
    Yelahanka, Bengaluru, Karnataka
    560063
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    Technicals

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    IndicatorValueSignal
    Relative Strength Index (RSI)+58.44Neutral
    MACD+19.91Bullish

    Support and Resistance Levels

    R31523.43
    R21468.87
    R11378.13
    S11232.83
    S21178.27
    S31087.53

    Moving Averages

    PeriodSMAEMA
    20D Moving Average1201.671230.21
    50D Moving Average1228.671231.15
    200D Moving Average1008.601084.62

    Performance

    Historical price movement and trading activity

    Trading Data

    Today's High

    1414.3

    Today's Low

    1269

    Open

    1328

    Previous Close

    1287.4

    Volume

    1675932

    Total Traded Value High

    2275415860.5

    Cemindia Projects Ltd

    Cemindia Projects Ltd

    NSE: CEMPRO | BSE: 509496
    ₹1323.3+35.90 (2.79%)
    BuySell

    News

    Cemindia Projects Ltd. sees credit rating upgrades from CARE Ratings Limited across multiple instruments

    6 Nov 2026

    Cemindia Projects Ltd announced a revision in credit ratings communicated by CARE Ratings Limited, impacting several instruments. CARE Ratings Limited upgraded the Long Term Bank Facilities rating to CARE AA; Stable, previously CARE AA-; Stable, and reaffirmed the Commercial Paper (Carved out) rating as CARE A1+. Additionally, the Long Term / Short Term Bank Facilities rating was upgraded to CARE AA; Stable / CARE A1+, with the LT rating previously at CARE AA-; Stable and the ST rating reaffirmed. There were no enhancements, assignments, or withdrawals related to any other rating agencies beyond the actions detailed by CARE Ratings Limited.

    Cemindia Projects Ltd. receives high ratings from Crisil for its bank loan facilities

    14 Oct 2026

    Cemindia Projects Ltd announced that Crisil Ratings Limited has assigned a long-term rating of Crisil AA/Stable and a short-term rating of Crisil A1+ to the company's total bank loan facilities, with no enhancements, assignments, or withdrawals noted; this rating is for Total Bank Loan Facilities, Total Bank Loan Facilities, and Total Bank Loan Facilities. The company disseminated this information to the Department of Corporate Services at BSE Limited (Scrip Code: 509496) and the Listing Department at National Stock Exchange of India Limited (Scrip Code: CEMPRO) on October 14, 2026, via Rahul Neogi, Company Secretary, with a direct line of 91 22 67680814 and email [email protected].

    Cemindia Projects Ltd. sees credit rating upgrades from ICRA Limited across multiple facilities

    3 Sept 2026

    Cemindia Projects Ltd announced a revision in credit ratings from ICRA Limited, impacting several facilities. The rating agency upgraded the Long-term Term Loan, Long-term Working Capital, and Non-fund based limits (LT/ST) from [ICRA]A+ (Stable) / [ICRA]A1 to [ICRA]AA (Stable) / [ICRA]A1+, while the Non-fund based limits (LT/ST) were also upgraded from [ICRA]A+ (Stable) / [ICRA]A1. There were no assignments, withdrawals, or enhancements related to any other rating agencies or instruments beyond those specifically detailed by ICRA Limited.

    Cemindia Projects Ltd. sees credit rating upgrades from CARE Ratings across multiple instruments

    3 Sept 2026

    Cemindia Projects Ltd announced a revision in credit ratings from CARE Ratings Limited, impacting several instruments. Specifically, CARE Ratings upgraded the Long-term Term Loan, Fund-Based Facilities, Long-term Cash Credit, and Long-term Vendor Financing from CARE A+; Stable to CARE AA-; Stable. Additionally, the Commercial Paper (a short-term instrument), BG/LC (Long-term/Short-term) and BG/LC (Long-term/Short-term) were upgraded from CARE A1 to CARE A1+, and from CARE A+; Stable to CARE AA-; Stable / CARE A1+ respectively. There were no enhancements, assignments, or withdrawals reported beyond these rating actions.

    Cemindia Projects receives Rs 1.24 crore tax and penalty demand order from Ahmedabad GST authorities

    8 Aug 2026

    Cemindia Projects Limited, formerly ITD Cementation India Limited, has received a demand order from the Assistant Commissioner, Ahmedabad, Gujarat, under Section 74 of the Central Goods and Services Tax Act, 2017, related to a mismatch between Input Tax Credit (ITC) claimed and reflected on the GST portal for fiscal year 2020-21. The company has been levied a total tax and penalty of Rs 1.24 Crore, comprising Rs 57.03 Lakhs in IGST and Rs 33.67 Lakhs each in CGST and SGST. Cemindia Projects intends to file an appeal against the order and stated it does not anticipate a material financial impact. The order was received on August 7, 2026.

    Showing 1–5 of 7

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    Overview

    Infrastructure Developers & Operators - Construction - Civil / Turnkey - LargeNSE / BSE

    Cemindia Projects Limited was initially incorporated on June 24, 1978 as 'Cemindia Company Limited' and obtained Certificate of Commencement of Business on the 6th November, 1978. Company changed its name from Cemindia Company Limited to Kvaerner Cementation India Limited in 1995 and to Skanska Cementation India Limited in July, 2001. Subsequently, the name of the Company was changed to ITD Cementation India Limited from Skanska Cementation India Limited in June, 2005 and subject to statutory resolutions, the name of the Company has been changed from 'ITD Cementation India Limited' to 'Cemindia Projects Limited' with effect from August 19, 2025. Cemindia Projects Ltd is one of the prominent and leading engineering and construction companies in India, in undertaking heavy civil and EPC projects. The Company play a pivotal role in driving India's industrial growth by delivering specialised infrastructure solutions across sectors such as power, steel, petrochemicals, institutional buildings, factories and warehouses. At present, it is engaged in construction of a wide variety of structures like maritime structures, Mass Rapid Transport Systems (MRTS), dams & tunnels, airports, highways, bridges & flyovers and other foundations and specialized engineering work. 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 specialized services like piling, diaphragm walling, ground treatment, tube leading, soil investigation, mine development, etc. The company, which is 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, harbors, 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 has demonstrated expertise in the construction of highways, bridges and flyovers that enhance connectivity and streamline traffic flow. 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. In 1999-2000, the company was the first construction company 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 company had secured 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 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. During the year 2013, the Company's Joint Venture, ITD-ITD Cem Joint Venture, has received two contracts namely: Design and Construction of Tunnels by shield TBM, Palam and I.G.D. Airport Underground Stations by Cut & Cover Method between Palam (including) & Shankar Vihar (excluding) on Janakpuri West-Kalindi Kunj Corridor under Delhi MRTS Project of Phase-III for Delhi Metro Rail Corporation of the value of Rs. 75,200 Lakh and Procurement of Ground Water Treatment Plants, Design, Construction, Supply, Installation, Commissioning including Mechanical & Electrical Equipment and Operation for Government of Tripura (SIPMIU) of the value of Rs. 3,988 Lakh. During the year 2015, a number of contracts were completed including, total civil construction job for ION Exchange (India) Ltd. for India Bulls Project at Nashik, Maharashtra, construction of North Cargo Berth II at VOC Port, Tuticorin, Tamil Nadu, design and construction of Wharf Structure at Nhava Sheva Gateway Terminal at JNP, Navi Mumbai and various piling and civil works in Gujarat, Maharashtra, Andhra Pradesh, Orissa, West Bengal, Madhya Pradesh, Haryana, Tamil Nadu, etc., With effect from 24th August, 2015 every equity share in the Company of face value of Rs.10/- each was sub divided into ten equity shares of having a face value of Rs.1/- each. During the year 2017, the Company's Joint Venture, ITD Cemindia JV, has received four contracts for Construction of Elevated Structures (Viaduct and stations) of Bangalore Metro Rail Project Phase 2 for Bangalore Metro Rail Corporation Limited aggregating to Rs.237,019 lakhs, and ITDCem Maytas JV, has received contract for extension of Kaleshwaram Project-Package No. 17-Investigation, Design and Execution of Water conveyor system at Pranahita. Value Rs.32,294 lakhs. During the year 2017, a number of contracts were completed including construction of New Umtru Hydro Electric Project for Meghalaya Power Generation Corporation Limited, Meghalaya. Construction of balance work of Tunnels between Kawi and Dugga on Katra Dharam Sanction of Udhampur, Srinagar, Jammu & Kashmir. civil work for two LNS Storage Tanks at Mundra, Gujarat. Dredging and Reclamation works for development of Fourth Container Terminal of Jawaharlal Nehru Port for Bharat Mumbai Container Terminals Port Ltd., Maharashtra. In 2018-19, the Company completed Civil, Structural Fabrication & Erection, Water Supply & Drainage, Plumbing, Electric Lighting and Earthing for Indian Oil Refinery, Paradip; Haj Tower Project, in Kolkata and Construction of Super Structure (G+15) for Unified Academic Campus of Bose Institute, Salt Lake, Kolkata, West Bengal. During the year 2020-21, the Company completed tunnelling work of 11 kms for Mumbai underground Metro and Kolkata underground Metro project. A total of 5.7-km-length of approach trestle piles completed by various offshore piling fronts and especially by 34m Cantilever Piling Gantry and by Jack Up. It completed around 3-km-length of Deck slab completed; Around 11.2 lakhs MT of boulders placed and forming the island breakwater. Completed Piling works, Jhajjar for GE Power and Extension of Jetty, Kattupalli for L&T Hydrocarbon Engineering Limited. During FY 2021-22, the Company started tunnelling work at Bengaluru underground metro and both the tunnel boring machines have commenced tunneling; completed longest balanced cantilever bridge over railway line in Nagpur Metro with challenges of working over 25,000 Volts high-tension line of Indian Railways. In 2023, the Company completed first international project in Yangon, Myanmar; completed iconic Pamban Rameswaram bridge in Tamil Nadu; completed and handed over three out of four packages of the Bengaluru elevated metro project in Karnataka. In FY 2023-24. Company completed projects comprising of laying of main trunk sewer by micro tunnelling method and construction of Churial Extension Pumping Station, in Kolkata, West Bengal. Underground construction of RCC Box Tunnel in Bimanbandar Station Yard for Metro Railway in West Bengal. Construction of lower & middle promenade, stepped embankment, diaphragm wall, earth filling with infrastructure services on East Bank of River Sabarmati at Ahmedabad, Gujarat. Construction of Multi Modal IWT terminal for Indian Waterways Authority at Haldia, in West Bengal. Construction of Refit Jetty and Allied Facilities at Port Blair in Andaman and Nicobar Islands. Development of Liquid Cargo Jetty at JNPT in Navi Mumbai. Maharashtra. Construction of Substructure for Pamban Bridge in Tamil Nadu. Upgradation of Passenger Terminal Building and Airside Facilities at Tiruchirappalli (Trichy) International Airport in Tamil Nadu. Construction of New Integrated, Modification of Existing and Reconstruction of Old Terminal Building at Pune Airport in Maharashtra. During the financial year 2024-25, the Company completed contracts including Construction of Rubble Mound Breakwater (2426m including 143m spur) for Development of Port Terminal for HOWE Engineering Projects (I) Pvt. Ltd., Vizhinjam, Kerala. Development of Third Chemical Berth at Pir Pau, MBPT, Mumbai, Maharashtra. Development of Fourth Container Terminal at Jawaharlal Nehru Port on Design, Build, Finance, Operate and Transfer Basis - Wharf and Approach Trestle Works for BMCT Maharashtra. Balance works for Construction of Container Berth, Vizhinjam, Kerala. Construction of Terminal 3, Gujarat for HOWE Engineering Projects (I) Pvt. Ltd., Mundra, Gujarat. Construction of Terminal 5 for HOWE Engineering Projects (I) Pvt. Ltd., Mundra, Gujarat. Construction of Container Berth 3 for Handling Dry Cargo for Adani Hazira Port Ltd., Hazira, Gujarat. Development of T3 Terminal, South Port for Adani Container Terminal Limited, Mundra, Gujarat. Modification and Refurbishment of Terminal - 2 Building at Ahmedabad Airport for Ahmedabad International Airport Limited at Ahmedabad, Gujarat. During FY 2025-26, Company became a part of the Adani Group, as Italian-Thai Development Public Company Limited with effect from May 28, 2025. The erstwhile Promoter of the Company, divested their entire shareholding in the Company by way of sale of 8,01,13,180 fully paid up equity shares of Re 1/- each of the Company, representing 46.64% of the Voting Share Capital, held by them to Renew Exim DMCC, a company belonging to Adani group (Renew/Acquirer). The Company has completed contracts pertaining to the Design and construction of underground section including 3 underground stations at Siddhi Vinayak,Dadar and Shitaladevi Temple in Maharashtra. Design and Construction of Underground Section from Central Station to Subhash Sarabar (Contract UG-2) in West Bengal. Construction of Rubble Mound Breakwater (2426m incl.143m spur) in Kerala. Engineering, Supply/Procure and Construction of Proposed Bulk Berth no. 4 at Dhamra, Odisha. Construction of IOC Captive POL/LPG Marine Jetty & Associated mechanical, electrical, fire fighting in Tamil Nadu. Engineering, Supply/Procure and Construction for Container Terminal including Marine and Allied Services at West Container Terminal in the Port of Colombo, Sri Lanka. Development of Brahmaputra Riverfront in Assam.

    Fundamentals

    Financial strength and ownership structure

    Valuation & Ratios

    Market Capitalisation

    ₹8,771.47

    Price to Book (PB)

    3.66

    Price to Earnings (PE)

    14.68

    Return on Equity (ROE)

    28.24%

    Earnings Per Share (EPS)

    34.79

    Dividend Yield

    0.59%

    Financial Performance

    2017.16
    2257.72
    2381.49
    1990.87
    2270.44
    2532.34
    2576.40
    2195.21
    2315.48
    2973.49
    2720.92
    2748.65
    Dec
    '23
    Mar
    '24
    Jun
    '24
    Sep
    '24
    Dec
    '24
    Mar
    '25
    Jun
    '25
    Sep
    '25
    Dec
    '25
    Mar
    '26
    Jun
    '26
    Sep
    '26

    Shareholding Pattern

    67.46%
    67.46%
    67.46%
    62.84%
    Mar
    '26
    Jun
    '26
    Sep
    '26
    Oct
    '26