Capacite Infraprojects trades higher on receiving contract worth Rs 150.72 crore
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Capacite Infraprojects is currently trading at Rs. 161.25, up by 1.75 points or 1.10% from its previous closing of Rs. 159.50 on the BSE.
The scrip opened at Rs. 156.05 and has touched a high and low of Rs. 165.00 and Rs. 156.05 respectively. So far 0.19 lakh shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 193.50 on 15-Dec-2021 and a 52 week low of Rs. 98.35 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 167.80 and Rs. 156.05 respectively. The current market cap of the company is Rs. 1,094.75 crore.
The promoters holding in the company stood at 38.64% while Institutions and Non-Institutions held 21.61% and 39.75% respectively.
Capacite Infraprojects has received contract worth Rs 150.72 crore (excluding GST) from GIFT SEZ for Construction of IFSCA headquarter building in GIFT SEZ.
This new order will help it to further consolidate its position in high growth businesses. Amidst a challenging environment, this new order also support it to diversifying its clientele, generate additional business from existing marquee clients and appropriately manage commodity risk through pass through clauses.
Capacite Infraprojects is a fast-growing construction company focused on Residential, Commercial and Institutional buildings.
