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Capacite Infraprojects shines on bagging three contracts worth Rs 384.7 crore

16 Jun 2021 Evaluate

Capacite Infraprojects is currently trading at Rs. 213.00, up by 3.10 points or 1.48% from its previous closing of Rs. 209.90 on the BSE.

The scrip opened at Rs. 212.55 and has touched a high and low of Rs. 214.40 and Rs. 210.90 respectively. So far 3711 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 229.90 on 18-Feb-2021 and a 52 week low of Rs. 89.95 on 03-Aug-2020.

Last one week high and low of the scrip stood at Rs. 219.50 and Rs. 199.80 respectively. The current market cap of the company is Rs. 1425.04 crore.

The promoters holding in the company stood at 43.79%, while Institutions and Non-Institutions held 28.17% and 28.05% respectively.

Capacite Infraprojects has won three contracts worth Rs 384.7 crore from Sheth Developers, Raymond Realty and a few others. Sheth Developers' order includes construction of high rise residential buildings at Malad and Sion in Mumbai, worth Rs 149.7 crore, while the Rs 136.30-crore order from Raymond Realty is for constructing a high-rise residential building at Thane. It has also received an enhancement order from an existing client for Rs 98.70 crore in Borivali in Mumbai.

Capacite Infraprojects is a fast growing construction company focused on Residential, Commercial and Institutional buildings.

Peers
Company Name CMP
Lodha Developers 1115.10
Prestige EstatesProj 1458.00
Dilip Buildcon 425.25
DLF 631.05
Oberoi Realty 1778.00
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