Capacit'e Infraprojects Ltd receives LOI of ~₹ 537 Crore from TenX Realty Limited

Capacit'e Infraprojects Limited has received Letter of Intent (LOI) from TenX Realty Limited (on behalf of Raymond Limited), for a total contract value of ~₹ 537.00 Crore (Rupees Five Hundred Thirty Seven Crores Only) excluding GST, for "Construction of 'Towers F,G, NTA' and 'Retail Building' in the Address by GS-3 Project and Invictus-2 Project at Thane (West)".

Commenting on the same, Mr. Rahul Katyal, Managing Director said, "We are thrilled to have been entrusted by our valued client, Raymond Limited's Realty Division, with repeat orders through TenX Realty Limited (step-down subsidiary of Raymond Limited). We're delighted by the repeat orders, showcasing our strong partnership and dedication to exceptional service.

With a strong track record of project delivery, we're confident in our ability to meet timelines and exceed client expectations. At Capacit'e, we're dedicated to expanding our portfolio with quality orders and showcasing our growing expertise in project execution."

Shares of Capacit'e Infraprojects Limited was last trading in BSE at Rs. 253.35 as compared to the previous close of Rs. 242.25. The total number of shares traded during the day was 14905 in over 499 trades.

The stock hit an intraday high of Rs. 255.45 and intraday low of 239.85. The net turnover during the day was Rs. 3747197.00.

Source : Equity Bulls

Keywords

CapaciteInfraprojects INE264T01014 OrderWin LOI TenXRealty