06-09-2023 10:06 AM | Source: Accord Fintech
Capacite Infraprojects trades marginally higher on planning to raise Rs 96.3 crore
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Capacite Infraprojects is currently trading at Rs. 191.45, up by 0.25 points or 0.13% from its previous closing of Rs. 191.20 on the BSE.

The scrip opened at Rs. 195.75 and has touched a high and low of Rs. 196.00 and Rs. 188.40 respectively. So far 25806 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 200.50 on 08-Jun-2023 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. 200.50 and Rs. 165.00 respectively. The current market cap of the company is Rs. 1298.09 crore.

The promoters holding in the company stood at 38.65%, while Institutions and Non-Institutions held 17.98% and 43.37% respectively.

Capacit'e Infraprojects has planned to raise Rs 96.30 crore through a preferential issue of equity shares, subject to shareholders approval. The funds raised will be utilized to support the company's long-term working capital requirements.

Capacite Infraprojects has secured proposed investments from esteemed investors, including Param Value Investments, Vikas Khemani, and Capri Global Holding. These reputable investors have demonstrated their confidence in Capacite's growth potential and strategic vision.

Capacite Infraprojects is a fast-growing construction company focused on Residential, Commercial and Institutional buildings.