# Cemindia Projects (CEMPRO) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/cempro

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,323.3
- Change: +2.79%
- As of: 2026-11-06
- 1D return: +2.79%
- 5D return: +4.61%
- 1M return: +16.00%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

CEMPRO is trading at ₹1357.00 on 2026-11-06, showing a bullish daily structure with price above all key moving averages and the Supertrend. A Bullish Engulfing Reversal pattern formed today follows a high-volume downward move on 2026-11-05, suggesting short-term resilience despite elevated volatility (52.1% annualized). The stock is near the upper end of its 20-day and 50-day ranges (+83.5%) but remains in the upper-middle of its 252-day range (+74.5%). While the monthly trend is established and bullish (ADX 38.78), the weekly Supertrend is bearish, indicating a potential medium-term conflict. Immediate resistance lies at ₹1378.13 (1.56% above), with support at ₹1323.57 (2.46% below).

- Daily Trend: Price is above EMA/SMA 20/50/200 and Supertrend; ADX (21.06) indicates developing strength.
- Monthly Context: Established bullish trend (ADX 38.78); price above Supertrend.
- Weekly Conflict: Price above MAs but below Supertrend (bearish direction); ADX (28.08) shows established trend.
- Key Levels: Resistance at ₹1378.13 (+1.56%); Support at ₹1323.57 (-2.46%).
- Risk Metrics: Annualized volatility +52.1%; current drawdown -17.2%; max drawdown -40.9%.

- Bullish Engulfing Reversal
- Shooting Star
- Outside Bar
- Inside Bar

### What Changed

Cemindia Projects (CEMPRO) has seen a material shift in its credit profile and market valuation as of early November 2026. On 5 November, the company filed its unaudited financial results for the quarter and half-year ended 30 September 2026. The following day, CARE Ratings Limited upgraded the company’s Long Term Bank Facilities rating from CARE AA- to CARE AA, with a Stable outlook. This upgrade also applied to long-term ratings on both long-term and short-term bank facilities, while the short-term commercial paper rating was reaffirmed at CARE A1+. Concurrently, the stock price rose to ₹1,357.00 on 6 November, up from ₹1,287.40 previously, reflecting positive market sentiment alongside the improved credit standing. An audio recording of the analyst meet held on 6 November regarding these results was also uploaded to the exchange.

Key changes include the credit rating upgrade, which signals enhanced perceived solvency and lower borrowing risk, and the immediate price appreciation. Unchanged elements include the short-term commercial paper rating and the stable outlook assigned by the rating agency. Investors should monitor how this upgraded rating influences future debt costs and capital allocation decisions.

- Credit Rating Upgrade: CARE Ratings upgraded Cemindia Projects’ Long Term Bank Facilities rating to CARE AA; Stable from CARE AA-; Stable on 6 November 2026.
- Price Movement: Stock closed at ₹1,357.00 on 6 November 2026, up from ₹1,287.40 in the previous observation.
- Financial Disclosure: Unaudited results for Q2/H1 FY2027 (ended 30 September 2026) were filed on 5 November 2026, with an analyst meet recorded on 6 November.
- Stable Short-Term View: Short-term Commercial Paper rating remains reaffirmed at CARE A1+, indicating no change in near-term liquidity assessment.

- [Cemindia Projects Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ITD_06112026150329_stk_intim_audio_30_09_2026_SIGNED.pdf)
- [Cemindia Projects Limited has informed the Exchange about Credit Rating- Revision |SUBJECT: Credit Rating- Revision](https://nsearchives.nseindia.com/corporate/ITD_06112026152218_STK_ltr_Creditrating_CARE_SIGNED.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1754184_05112026082113_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1754186_05112026082124_WEB.xml)

### Official Filings

Cemindia Projects Limited reported strong Q2 FY27 results, with consolidated revenue rising 25% year-over-year to ₹2,748.65 crore and net profit increasing 21% to ₹130.59 crore. The company’s order book reached a record ₹32,715 crore as of September 30, 2026, supported by ₹12,005 crore in new orders secured during H1 FY27. To fund growth, the company completed a Qualified Institutions Placement (QIP) in October 2026, raising ₹1,400 crore—the largest fundraise to date—which increased paid-up equity capital from ₹17.18 crore to ₹18.44 crore. Concurrently, credit ratings were upgraded across major agencies: CARE and ICRA assigned AA (Stable) ratings, while Crisil issued a first-time AA (Stable) rating, reflecting improved financial standing.

- Q2 FY27 Revenue: ₹2,748.65 crore (+25% YoY); Net Profit: ₹130.59 crore (+21% YoY).
- Record Order Book: ₹32,715 crore as of Sep 30, 2026; H1 FY27 New Orders: ₹12,005 crore.
- Capital Raise: Completed ₹1,400 crore QIP in Oct 2026, subscribed ~2.3x; Paid-up capital increased to ₹18.44 crore.
- Credit Ratings: Upgraded to AA (Stable) by CARE and ICRA; First-time AA (Stable) by Crisil.

- [Cemindia Projects Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ITD_06112026150329_stk_intim_audio_30_09_2026_SIGNED.pdf)
- [Cemindia Projects Limited has informed the Exchange about Credit Rating- Revision |SUBJECT: Credit Rating- Revision](https://nsearchives.nseindia.com/corporate/ITD_06112026152218_STK_ltr_Creditrating_CARE_SIGNED.pdf)
- [Cemindia Projects Limited has informed the Exchange regarding a press release dated November 05, 2026, titled "Press Release on Unaudited Financial Results for the quarter and half year ended 30th September, 2026". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/ITD_05112026143713_st_exch_outcome_BM_2_after_the_meeting.pdf)
- [Cemindia Projects Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/ITD_05112026145346_st_exch_intim_presentation_signed.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1754184_05112026082113_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1754186_05112026082124_WEB.xml)
- [Cemindia Projects Limited has informed the Exchange about Schedule of Analysts/Institutional Investor Con. Call |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ITD_28102026165236_STK_ltr_concall_Invitation_Signed.pdf)
- [Cemindia Projects Limited (formerly ITD Cementation India Limited) has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1692_WebXMLFile_20261028_165824597.xml)
- [Financial Results |Meeting Date: 05-Nov-2026](https://nsearchives.nseindia.com/corporate/ITD_27102026150928_st_exch_intim_BM_Signed.pdf)
- [Cemindia Projects Limited (formerly ITD Cementation India Limited) has informed the Exchange about Board Meeting to be held on 05-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_1692_WebXMLFile_20261027_151213972.xml)

### Fundamentals

Cemindia Projects demonstrates strong long-term earnings growth but faces near-term margin compression. For the year ended March 2026, sales rose to ₹10,061 crore and net profit surged 60% to ₹598 crore, driven by robust operating leverage (Operating Profit: ₹1,016 crore). However, recent quarterly trends show sequential weakness in Q2 FY2026-27, where revenue grew slightly to ₹2,749 crore while finance costs increased to ₹57.7 crore, causing Profit Before Tax and Net Profit to decline sequentially to ₹180 crore and ₹131 crore respectively.

Financial health remains solid with a high ROCE of 33% and improving cash conversion (CFO/EBITDA ratio at 66%). The balance sheet shows asset growth to ₹7,563 crore, though cash reserves dropped significantly from ₹449 crore to ₹240 crore as of September 2026. Promoter holding increased sharply to 67.46%, signaling confidence, while institutional stakes remain modest. The key risk is the rising interest burden relative to operating profits and the sequential dip in profitability despite top-line stability.

- Earnings Quality: Strong annual performance (Mar 2026) with 60% net profit growth to ₹598 crore, but Q2 FY2026-27 showed sequential declines in both PBT (₹180 cr) and Net Profit (₹131 cr).
- Margin Pressure: Finance costs rose sequentially to ₹57.7 crore in Q2 FY2026-27, contributing to lower margins despite stable revenue of ₹2,749 crore.
- Balance Sheet & Cash: Total assets grew to ₹7,563 crore; however, cash and equivalents fell sharply to ₹240 crore from ₹449 crore a year prior.
- Ownership Shift: Promoter stake increased materially to 67.46% (Sep 2026), up from 46.64% in Sep 2024, indicating significant insider accumulation.

### FAQs

**What were Cemindia Projects' financial results for Q2 FY27, and how do they compare to the prior year?**

For the quarter ended September 30, 2026, Cemindia Projects reported consolidated revenue of ₹2,748.65 crore (up 25% year over year), EBITDA of ₹280 crore (up 15%), and net profit of ₹130.59 crore (up 21%). The board approved these unaudited results on November 5, 2026.

**Has the company raised capital recently, and what is the status of its order book?**

In October 2026, the company raised ₹1,400 crore via a Qualified Institutions Placement (QIP), which was subscribed approximately 2.3 times, increasing paid-up equity from ₹17.18 crore to ₹18.44 crore. As of September 30, 2026, the order book stood at a record ₹32,715 crore, with ₹12,005 crore secured in H1 FY27.

**How have credit rating agencies updated their view on Cemindia Projects?**

In October 2026, three major agencies upgraded or assigned ratings: ICRA upgraded Long Term Bank Facilities to AA (Stable) from A+; CARE upgraded Long Term Bank Facilities to AA (Stable) from AA-; and Crisil assigned a first-time rating of AA (Stable). Short-term facilities remain rated A1+ by both ICRA and CARE.

**What are the key technical price levels and recent performance trends for the stock?**

As of November 6, 2026, the stock closed at ₹1,357.00, up +5.4% for the day. It has gained +76.1% year-to-date and +59.8% over the past year. Immediate resistance is noted at ₹1,378.13 (+1.56%), while support exists at ₹1,323.57 (-2.46%). The daily trend is bullish, though the weekly trend shows bearish signals.

- [Diwali 2026 Muhurat Trading Samvat 2083 stocks with up to 35% gain: HDFC AMC, SBI, Tech Mahindra, 3 more by Anand Rathi](https://www.livemint.com/market/stock-market-news/diwali-2026-muhurat-trading-samvat-2083-stocks-with-up-to-35-gain-hdfc-amc-sbi-tech-mahindra-3-more-by-anand-rathi-11793691071592.html)
- [Cemindia Projects Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ITD_06112026150329_stk_intim_audio_30_09_2026_SIGNED.pdf)
- [Cemindia Projects Limited has informed the Exchange about Credit Rating- Revision |SUBJECT: Credit Rating- Revision](https://nsearchives.nseindia.com/corporate/ITD_06112026152218_STK_ltr_Creditrating_CARE_SIGNED.pdf)
- [Cemindia Projects Limited has informed the Exchange regarding a press release dated November 05, 2026, titled "Press Release on Unaudited Financial Results for the quarter and half year ended 30th September, 2026". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/ITD_05112026143713_st_exch_outcome_BM_2_after_the_meeting.pdf)
- [Cemindia Projects Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/ITD_05112026145346_st_exch_intim_presentation_signed.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1754184_05112026082113_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1754186_05112026082124_WEB.xml)
- [Cemindia Projects Limited has informed the Exchange about Schedule of Analysts/Institutional Investor Con. Call |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ITD_28102026165236_STK_ltr_concall_Invitation_Signed.pdf)
- [Cemindia Projects Limited (formerly ITD Cementation India Limited) has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1692_WebXMLFile_20261028_165824597.xml)
- [Financial Results |Meeting Date: 05-Nov-2026](https://nsearchives.nseindia.com/corporate/ITD_27102026150928_st_exch_intim_BM_Signed.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹1,323.57
- Risk regime: Price Risk Requires Attention

### Support levels
- 1201.1
- 1153.8
- 1066

### Resistance levels
- 1351.975
- 1597.4
- 1648.25

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +2.79% |
| return_10 | +15.08% |
| return_1m | +14.10% |
| return_1y | +55.82% |
| return_20 | +16.00% |
| return_3m | +6.22% |
| return_5 | +4.61% |
| return_6m | +40.17% |
| return_since_start | +60.21% |
| return_ytd | +71.73% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -40.92% |
| annualized_volatility | +51.90% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Cemindia Projects Limited Q2 FY2026-27: Revenue up 26%, profit down sequentially

Cemindia Projects Limited reported revenue from operations of ₹2,748.65 crore for Q2 FY2026-27, up 26.3% year on year and 1.0% from Q1 FY2026-27. Profit for the period rose 21.3% year on year to ₹130.59 crore but fell 7.3% sequentially; operating cash flow was negative ₹77.65 crore and cash and cash equivalents were ₹240.33 crore at quarter-end.

## Revenue and operating costs

Revenue from operations was ₹2,748.65 crore, compared with ₹2,720.92 crore in Q1 FY2026-27 and ₹2,175.45 crore in Q2 FY2025-26. Total expenses increased 1.6% sequentially to ₹2,580.76 crore, faster than revenue. Cost of materials consumed was ₹957.02 crore and employee benefit expense was ₹272.61 crore.

## Profitability and earnings

Profit before tax was ₹180.15 crore, down 6.4% from ₹192.37 crore in Q1 FY2026-27 and up 23.4% from ₹146.01 crore in Q2 FY2025-26. Finance costs rose 15.4% sequentially to ₹57.69 crore, while tax expense eased to ₹49.30 crore from ₹51.54 crore.

Profit for the period was ₹130.59 crore, compared with ₹140.83 crore in Q1 FY2026-27 and ₹107.69 crore in Q2 FY2025-26. Basic and diluted earnings per share were ₹7.60, versus ₹8.20 and ₹6.27, respectively.

## Cash flow and liquidity

Cash flow from operating activities was negative ₹77.65 crore in Q2 FY2026-27. Investing activities used ₹22.15 crore, resulting in reported free cash flow of negative ₹99.80 crore; financing activities used a further ₹133.88 crore. Cash and cash equivalents stood at ₹240.33 crore on 30 September 2026, down from ₹474.69 crore on 31 March 2026 and ₹448.67 crore on 30 September 2025.

## Working capital and creditor balances

Trade payables were ₹2,189.01 crore at 30 September 2026, broadly unchanged from ₹2,189.65 crore at 31 March 2026 and above ₹1,470.41 crore a year earlier. Outstanding dues to creditors other than micro and small enterprises were ₹1,778.39 crore, compared with ₹1,725.42 crore at 31 March 2026 and ₹1,277.63 crore at 30 September 2025.

Trade receivables were ₹1,443.60 crore, up from ₹1,372.18 crore a year earlier, while inventories rose to ₹837.92 crore from ₹710.39 crore. Current assets were ₹5,999.98 crore and current liabilities ₹4,762.47 crore at quarter-end.

## Balance sheet position

Total assets were ₹7,562.72 crore at 30 September 2026, up from ₹6,673.27 crore a year earlier. Equity attributable to owners of the parent was ₹2,619.40 crore, compared with ₹2,046.21 crore at 30 September 2025 and ₹2,399.59 crore at 31 March 2026.

Current borrowings were ₹791.85 crore and non-current borrowings ₹93.14 crore at quarter-end.

## Key Takeaway

Revenue and profit increased year on year, but profit declined sequentially as expenses rose faster than sales and finance costs increased. Negative operating cash flow and the lower cash balance remain important considerations alongside the larger year-on-year asset and equity base.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q2
- As of: 2026-09-30
- Promoter holding: +67.46%
- FII holding: +6.65%
- DII holding: +4.79%
- Mutual fund holding: +3.93%
- Retail holding: +12.58%
- Promoter pledged: +0.00%

### Major reported shareholders

- RENEW EXIM DMCC — +67.46% (Bodies Corporate)
- MOTILAL OSWAL NIFTY SMALLCAP 250 ETF — +2.05%
- CD EQUIFINANCE  PRIVATE LIMITED — +1.82%
- HITESH RAMJI JAVERI — +1.78%
- COHESION MK BEST IDEAS SUB-TRUST — +1.12%

## Official filings

- 2026-11-06 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ITD_06112026150329_stk_intim_audio_30_09_2026_SIGNED.pdf)
- 2026-11-06 — Credit Rating Update: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ITD_06112026152218_STK_ltr_Creditrating_CARE_SIGNED.pdf)
- 2026-11-06 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1692_WebXMLFile_20261106_155255741.xml)
- 2026-11-05 — Press Release: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ITD_05112026143713_st_exch_outcome_BM_2_after_the_meeting.pdf)
- 2026-11-05 — Earnings Presentation: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ITD_05112026145346_st_exch_intim_presentation_signed.pdf)
- 2026-11-05 — Financial Results Filing: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1754184_05112026082113_WEB.xml)
- 2026-11-05 — Financial Results Filing: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1754186_05112026082124_WEB.xml)
- 2026-10-28 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ITD_28102026165236_STK_ltr_concall_Invitation_Signed.pdf)
- 2026-10-28 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1692_WebXMLFile_20261028_165824597.xml)
- 2026-10-27 — Board Meeting Notice: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ITD_27102026150928_st_exch_intim_BM_Signed.pdf)
- 2026-10-27 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_1692_WebXMLFile_20261027_151213972.xml)
- 2026-10-27 — Board Meeting Notice: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_1692_WebXMLFile_20261027_151213972.xml)
- 2026-10-23 — Shareholding Disclosure: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1744487_23102026022417_WEB.xml)
- 2026-10-22 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_1692_WebXMLFile_20261022_153500754.xml)
- 2026-10-22 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_1692_WebXMLFile_20261022_153710683.xml)
- 2026-10-19 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ITD_19102026215609_Stock_exchange_Intimation_of_Issue_closing_and_pricing_Signed.pdf)
- 2026-10-19 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ITD_19102026235546_Stock_exchange.pdf)
- 2026-10-14 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ITD_14102026190148_Stock_exchange_Issue_opening_PPD_and_floor_price_final.pdf)
- 2026-10-14 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ITD_14102026194045_st_exch_intim_SIGNED.pdf)
- 2026-10-14 — Credit Rating Update: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ITD_14102026200125_STK_ltr_Creditrating_Crisil.pdf)
- 2026-10-09 — Shareholding Disclosure: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1735008_09102026050509_WEB.xml)
- 2026-09-28 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_1692_WebXMLFile_20260928_160811905.xml)
- 2026-09-28 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ITD_28092026160415_St_Exch_Intim_trading_window_closure_30_09_2026.pdf)
- 2026-09-24 — Litigation Disclosure: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ITD_24092026182823_SE_Intimation_Baya_24092026.pdf)
- 2026-09-24 — Litigation Disclosure: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_1692_WebXMLFile_20260924_184931253.xml)

## News and market events

- 2026-11-03 — Mint: **Diwali 2026 Muhurat Trading Samvat 2083 stocks with up to 35% gain: HDFC AMC, SBI, Tech Mahindra, 3 more by Anand Rathi** — Anand Rathi Share and Stock Brokers has recommended six stocks for its Diwali 2026 portfolio, assigning Buy ratings with 12-month target prices indicating potential upside of 16% to 35%. The selected equities span banking, infrastructure, pharmaceuticals, manufacturing, asset management, and technology sectors, including State Bank of India, Tech Mahindra, and HDFC AMC. These recommendations are based on individual business prospects, earnings visibility, and sector-specific growth opportunities. — [Source](https://www.livemint.com/market/stock-market-news/diwali-2026-muhurat-trading-samvat-2083-stocks-with-up-to-35-gain-hdfc-amc-sbi-tech-mahindra-3-more-by-anand-rathi-11793691071592.html)
- 2026-10-30 — Times of India: **Adani-backed Cemindia bags Rs 666-crore contract for Bengaluru suburban rail project | Bengaluru News - The Times of India** — Adani-backed Cemindia Projects Ltd has secured a Rs 665.6-crore contract from the Bengaluru Integrated Rail Infrastructure Development Enterprise to construct Package 1 of the Bengaluru Suburban Railway Project Corridor-2. The scope includes building a 7.8 km elevated viaduct between Hebbal and Yeshwanthpur, along with associated structures and stations, with a completion timeline of 24 months from commencement. — [Source](https://timesofindia.indiatimes.com/city/bengaluru/adani-backed-cemindia-bags-rs-666-crore-contract-for-bengaluru-suburban-rail-project/articleshow/135370496.cms)
- 2026-10-30 — MONEYCONTROL: **Adani Group-backed Cemindia Projects bags Rs 666-crore Bengaluru suburban rail contract** — Adani Group-backed Cemindia Projects has secured a contract valued at Rs 666 crore for work related to the Bengaluru suburban rail project. This development represents a significant order win for the company within the Indian infrastructure and construction sector. — [Source](https://www.moneycontrol.com/news/business/adani-group-backed-cemindia-projects-bags-rs-666-crore-bengaluru-suburban-rail-contract-14064521.html)
- 2026-10-21 — The Hindu: **Stocks to watch out for today, October 21: Infosys, Ceigall, Dhampur Bio, JSW Dulux, Venus Pipes, Transrail, Orchid Pharma among 15 stocks in focus** — Here are details about stocks that are most likely to see action today, and why — [Source](https://www.thehindubusinessline.com/markets/stocks-to-watch-out-for-today-october-21-infosys-ceigall-dhampur-bio-jsw-dulux-venus-pipes-transrail-orchid-pharma-among-15-stocks-in-focus/article71606076.ece)
- 2026-10-14 — CNBC-TV18: **Adani Group’s Cemindia Projects launches QIP, sets floor price at ₹1,158.58/share** — Cemindia Projects has launched a qualified institutional placement (QIP), setting a floor price of ₹1,158.58 per share. The Adani Group company plans to offer up to 90.3 lakh shares, with an option to increase the issue size. — [Source](https://www.cnbctv18.com/market/adani-groups-cemindia-projects-launches-qip-sets-floor-price-at-rs-1158-58-share-20012111.htm)
- 2026-09-08 — Mint: **Stock market today: Trade guide for Sensex, Nifty 50, crude oil to gold | eight stocks to buy** — Stock market today: Indian stock market indices Sensex and Nifty 50 are set for a lower open on 8 September amid mixed global cues. Nifty 50 closed below 23,800, signaling bearish momentum, while elevated crude oil prices and geopolitical tensions raise concerns over inflation and market sentiment. — [Source](https://www.livemint.com/market/stock-market-news/stock-market-today-trade-guide-for-sensex-nifty-50-crude-oil-to-gold-eight-stocks-to-buy-11788828251128.html)
- 2026-08-27 — Economic Times: **These 19 Indian stocks turned into tenbaggers in 5 years: Peter Lynch’s rules to find the next** — Over the last five years, various Indian stocks have reached extraordinary tenbagger returns, including remarkable surges in GE Vernova T&D and BSE shares, which soared by over two thousand percent. Other notable firms like Apar Industries and Zen Technologies also reported impressive growth. Noted investor Peter Lynch suggests that understanding your investments and maintaining them for the long haul can yield fruitful results. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/these-19-stocks-turned-into-tenbaggers-in-5-years-peter-lynchs-rules-to-find-the-next/articleshow/133556335.cms)
- 2026-08-26 — Economic Times: **Adani’s Cemindia is said to near up to $524 million share sale** — Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000 crore. The company has appointed ICICI Securities and SBI Capital Markets as advisers and has been meeting institutional investors ahead of the potential share sale. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/adanis-cemindia-is-said-to-near-up-to-524-million-share-sale/articleshow/133536591.cms)
- 2026-08-22 — NEWS.WEBINDIA123.COM: **NICMAR University Organises 10th ICCRIP 2026, Puts Sustainable Cities and Stronger Project Delivery at the Centre of India's Infrastructure Conversation** — NewsVoir — [Source](https://news.webindia123.com/news/articles/business/20260822/4489625.html)
- 2026-08-17 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty falls to day's low; Belrise down over 7%** — Stock Market Live Updates: The markets are under pressure, as indices trade lower at the beginning of a new week. The Nifty is down nearly 80 points, falling below the 24,300 mark. Infosys, Tata Motors PV and HCLtech are top losers. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-reliance-hdfc-bank-cochin-nmdc-voltas-gmr-jupiter-share-price-liveblog-19970547.htm)
- 2026-07-29 — The Hindu: **Stock Market Today Live: Stock to buy today: LTM** — Sensex Today, Nifty 50 | Stock Market Live Updates: Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 29th July 2026. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-29-july-2026/article71276758.ece)

## Business profile

**Strategic vision:** Indian civil engineering and construction company for infrastructure sectors.

### Business segments
- **Maritime Structures:** The company constructs jetties, berths, wharfs, quays, ship repair facilities, breakwaters, and undertakes dredging, land reclamation, and coastal erosion protection.
- **Mass Rapid Transit Systems:** Cemindia is involved in the development of urban infrastructure, including civil and building structures for MRT systems like tunnels, underground stations, and track installation.
- **Highways, Bridges & Flyovers:** The company constructs flyovers, underpasses, and river bridges, employing specialized foundation techniques for road projects.
- **Hydroelectric Power, Dams & Irrigation:** Cemindia undertakes construction of pumping stations, power houses, tunnels, dams, and irrigation canal structures for hydroelectric power and irrigation needs.
- **Foundation & Specialist Engineering:** This segment includes geotechnical investigations, various piling types, diaphragm walling, ground improvement, drilling, grouting, anchors, and rehabilitation work.
- **Water & Waste Water:** The company lays water and sewer pipelines using micro-tunneling and pipe jacking, and offers construction and operation of Water and Waste Water Treatment Plants.
- **Industrial Structures:** Cemindia undertakes civil works for large-scale industrial projects in sectors such as refinery, petrochemical, power, steel, and fertilizer plants.
- **Data Centers:** The company is involved in developing data centers to deliver integrated solutions tailored to critical sectors.

### Competitive strengths
- Long-standing expertise in civil and ground engineering.
- Experience in delivering complex infrastructure projects for public and private clients.
- Comprehensive range of services across diverse infrastructure segments.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/cempro
Markdown representation: https://faxioms.com/stocks/cempro?render=md