Top Corporate News Today: ITD Cementation, J. Kumar Infraprojects, TRIL receive orders upto Rs 2000 crore

During market hours on October 3, major companies such as ITD Cementation, J. Kumar Infraprojects, and Transformers and Rectifiers got orders worth up to Rs 2000 crore. These announcements have sparked optimism in the market, increasing investor confidence and highlighting the firms’ strengths. Check the details below.

ITD Cementation

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TD Cementation India Limited has secured a contract for Rs 1,937 crore, including taxes and duties, for the construction of a multistoried commercial building in Uttar Pradesh. This deal falls under the company’s ordinary course of business.

J. Kumar Infraprojects

J. Kumar Infraprojects Limited has received a contract from the Mumbai Metropolitan Region Development Authority (MMRDA) worth Rs 1,847.72 crore (excluding GST). The company was awarded a Letter of Acceptance for the design and construction of a vital elevated road in Thane city, stretching from Anand Nagar to Saket along the Eastern Express Highway.

Transformers and Rectifiers 

Transformers and Rectifiers (India) Limited (TRIL) has received a Rs 565 crore contract from Power Grid Corporation of India Limited (PGCIL). The order includes the manufacture and supply of transformers and reactors ranging from 80 MVAr to 500 MVA and voltage classes from 420 kV to 765 kV.