80.99% In 3 Months: This Small Cap Construction Company Received Order Worth Rs 452.50 Crore

Capicit'e Infrprojects Limited, has received order worth Rs. 452.50 Crores (Rupees Four Hundred Fifty-Two crore and Fifty Lakh Only) (Exctl GST) from Reputed Private Sector client for Construction of Residential & Commercial tower in National Capital Region (NCR). The company informed in an exchange filing on June 26, 2023.

Capacit'e lnfraprojects is a small cap Construction sector company. It has a market capitalisation of Rs 1,384.3 crore.

Received an order worth Rs 452.50 Crore

In a press release, the company said, Capacit'e Infraprojects Limited, has received Order worth Rs 452.50 Crores (Rupees Four Hundred Fifty-Two Crore and Fifty Lakh Only) (Excl GST) from Reputed Private Sector client for Construction of Residential & Commercial tower in National Capital Region (NCR).

Commenting on the same, Mr. Rahul Katyal, Managing Director said, we are delighted to receive project from reputed private sector client and entrusting their trust and confidence in Capacit'e Infraprojects Limited.

We remain confident of delivering the project within the stipulated timelines and to client satisfaction. capacit'e, it is our continuous endeavour to add quarity orders from existing and new clients, both in public and private sector and we are confident on the growing execution capabilities of the company.

Stock Movement

Meanwhile, the stock of Capacit'e Infraprojects on BSE closed 1.04% higher at Rs 203.80 apiece. The stock hit the 52-week high on June 14, 2023, at Rs 211.75 apiece and 52-week low on Aug 02, 2022, at Rs 105.05 apiece, respectively.

The stock jumped 2.49% in the past 1 week. It has given 19.11% positive return in the past 1 month and 80.99% in the past 3 months, respectively. It gave 85.44% positive return in the past 1 year, and 77.99% in the past 3 years, respectively. However, it declined 22.92% in the past 5 years.

About Capacit'e lnfraproiects Limited

Capacit'e lnfraprojects Limited is a leading building construction company having presence MMR, NCR, oa, Gandhinagar, Bengaluru, Hyderabad, Chennai, Kochi and Pune, with specialization in construction of super high rise buildings.

Stock Movement

Disclaimer - Capacit'e Infraprojects Ltd. received an order worth Rs 452.50 Crore. The above-mentioned information is purely informational. Investors should not take this article as an advisory to invest. Greynium Information Technologies and the Author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before making any investment decision.