Capacit'e Infraprojects receives contract worth Rs. 150.72 crores

Capacit'e Infraprojects Limited, has received contract worth Rs. 150.72 Crore (excluding GST) from GIFT SEZ Limited for Construction of TFSCA headquarter building in GIFT SEZ.

Commenting on the same, Mr. Rahul Katyal, Managing Director said, "This new order will help us to further consolidate our position in high growth businesses. Amidst a challenging environment, this new order also support us to diversifying our clientele, generate additional business from existing marquee clients and appropriately manage commodity risk through pass through clauses.

The orders inflow for the current financial year, along with our existing orders book gives us confidence to deliver good growth in the coming quarters.

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

Shares of Capacit'e Infraprojects Limited was last trading in BSE at Rs. 159.50 as compared to the previous close of Rs. 162.05. The total number of shares traded during the day was 16687 in over 611 trades.

The stock hit an intraday high of Rs. 162.20 and intraday low of 157.40. The net turnover during the day was Rs. 2668118.00.

Source : Equity Bulls

Keywords

CapaciteInfraprojects INE264T01014 OrderWin GIFTSEZ