Capacit'e Infraprojects Ltd receives LoI of ₹ 621 Crore from Saifee Burhani Upliftment Trust

Capacit'e Infraprojects Limited has received Letter of Intent (LOI) from Saifee Burhani Upliftment Trust ("SBUT"), for a total contract value of ₹ 621 Crore (Rupees Six Hundred Twenty One Crores Only), excluding GST, for "for carrying out the core and shell works alongwith all finishing, MEPF services and other related works for the project - Sector 07 of Saifee Burhani Upliftment Project located at Ward 'C', Bhendi Bazaar, Mumbai - 400 003."

Commenting on the same, Mr. Rahul Katyal, Managing Director said, "We are thrilled that Capacit'e Infraprojects has been entrusted once again by our valued client, Saifee Burhani Upliftment Trust (SBUT), with the third repeat order. This continued partnership is a testament to the trust and confidence our clients place in us and reflects the strength of our long-standing relationship.

We are delighted by this reaffirmation of our client's satisfaction, which underscores our unwavering commitment to exceptional service and quality delivery. With a proven track record of completing projects on time and to the highest standards, we remain confident in our ability to meet and exceed expectations. At Capacit'e, we are focused on growing our order book with prestigious, quality projects and further enhancing our reputation for excellence in execution."

Shares of Capacit'e Infraprojects Limited was last trading in BSE at Rs. 315.40 as compared to the previous close of Rs. 318.60. The total number of shares traded during the day was 14261 in over 674 trades.

The stock hit an intraday high of Rs. 321.25 and intraday low of 314.05. The net turnover during the day was Rs. 4531180.00.

Source : Equity Bulls

Keywords

CapaciteInfraprojects INE264T01014 LoI SaifeeBurhaniUpliftmentTrust OrderWin