Capacite Infraprojects announced on Thursday, September 18, that it has won an order worth ₹1,518 crore for the construction of ultra-luxury super high-rise residential towers in Mumbai. The project value accounts for more than half of the company’s current market capitalisation of ₹2,769.94 crore, underscoring the scale and significance of the deal.
The contract covers the development of four ultra-luxury residential towers in the Mahalaxmi area of Mumbai. Classified under the Super High-Rise category, the project will feature premium amenities such as a modern clubhouse and exclusive penthouses. Residents will enjoy uninterrupted views of the Willingdon Golf Course and the Arabian Sea, enhancing the project’s luxury positioning.
Rahul Katyal, Managing Director of Capacite Infraprojects, highlighted the importance of the deal to CNBC TV18. He said, “We are pleased to announce that our esteemed client has once again reinforced their trust and confidence in Capacite’s ability to deliver projects with best-in-class safety and quality standards, backed by a competent engineering workforce. Capacite is committed to furthering this relationship to create this iconic development along with 25 Downtown by Hubtown.”
The company stated that this repeat order not only strengthens its relationship with key clients but also solidifies its leadership in the super high-rise building construction segment. With Mumbai’s demand for luxury residential projects rising, this contract provides Capacite with an opportunity to demonstrate its execution capabilities in one of the most competitive real estate markets in India.
On September 18, 2025, Capacite Infraprojects share price opened at ₹321.00, compared to the previous close of ₹319.00. During the session, the stock touched a high of ₹334.00 and a low of ₹320.70 before trading at ₹330.00, up by 3.4% as of 12:54 pm.
The stock recorded a traded volume of 15.12 lakh shares and a traded value of ₹49.63 crore on the NSE. The market capitalisation stood at ₹2,769.94 crore. Over the past 52 weeks, the company has touched a high of ₹465.00 and a low of ₹276.00. Currently, it trades at a P/E ratio of 15.04.
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The ₹1,518 crore order for ultra-luxury towers marks a significant milestone for Capacite Infraprojects, boosting its project portfolio and reinforcing its market position. With growing traction in Mumbai’s high-rise segment, the company’s ability to secure repeat business underlines both its execution strength and client trust.
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Published on: Sep 18, 2025, 2:09 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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