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Capacit’e Infraprojects secures order worth Rs 281 crore from Raymond Limited

18 September 20232 mins read by Angel One
Over the past six months shares of company has increase its value by staggering 74.93%
Capacit’e Infraprojects secures order worth Rs 281 crore from Raymond Limited
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In a significant development, Capacit’e Infraprojects Limited announced that it has successfully secured a substantial repeat order from Raymond Limited’s Realty Division, totalling Rs 281 crore for Project – Codename Xception in Thane.

Commenting on this latest achievement, Mr. Rahul Katyal, Managing Director of Capacit’e Infraprojects, expressed his delight stating, “We are delighted to announce that Raymond Limited (Realty Division) has once again placed their trust and confidence in Capacit’e for their Project Codename Xception in Thane. We will also continue to foster enduring relationships with existing clients to generate more repeat orders. The order inflow for the current financial year, along with our existing orders book give us confidence to deliver good growth in the coming quarters.”

After the news reported there has been seen surge in share price. In last trading session the script was closed at Rs 214.85 and today it was opened at Rs 216.85. Currently it is trading at Rs 223, up by 3.79%. It has 52 week high of Rs 248 and 52 week low of Rs 108.90.

As of June 30, 2023 company has healthy order book of Rs 10,245 crore while as on today it has market capitalization of around Rs 1,650 crore. Over the past six months shares of company has increase its value by a staggering 74.93%. Over past one year shares of the company have gone up by 31.44%.

Capacit’e Infraprojects is a prominent player in the EPC sector, renowned for its turnkey solutions encompassing housing, high-rise, super high-rise, specialty buildings, and urban infrastructure. Serving both leading real estate firms and government entities in India, the company has carved a niche as a construction specialist in super high-rise projects. Operating across key regions such as MMR, NCR, Goa, Gandhinagar, Bengaluru, Hyderabad, Chennai, Kochi, and Pune. Capacit’e Infraprojects has garnered a sterling reputation for its commitment to excellence, consistently delivering exceptional construction projects while nurturing enduring partnerships with clients.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet, and is subject to changes. Please consult an expert before making related decisions.

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