Capacite Infraprojects gains with its consortium securing LoA worth Rs 11,744.26 crore

22 Jun 2018 Evaluate

Capacite Infraprojects is currently trading at Rs. 288.60, up by 0.70 points or 0.24% from its previous closing of Rs. 287.90 on the BSE.

The scrip opened at Rs. 286.00 and has touched a high and low of Rs. 317.50 and Rs. 286.00 respectively. So far 86474 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 437.40 on 04-Dec-2017 and a 52 week low of Rs. 269.00 on 25-May-2018.

Last one week high and low of the scrip stood at Rs. 317.50 and Rs. 276.15 respectively. The current market cap of the company is Rs. 1996.69 crore.

The promoters holding in the company stood at 43.79%, while Institutions and Non-Institutions held 12.10% and 44.11% respectively.

Consortium of Capacite Infraprojects (Lead Member), Tata Projects and CITIC Construction, has received Letter of Acceptance (LoA) from Mumbai Housing and Area Development Board (a MHADA Unit) for total contract value of Rs 11,744.26 crore.

The project will be executed through a Special purpose vehicle in which Capacite Infraprojects will have 37.1% share worth Rs 4,357.12 crore. Share of Tata Projects in the Consortium will be 36.9% and CITIC Construction will have 26% share.

The project involves Technical designing (structure service + infrastructure), co-ordination and construction of rehabilitation/ sale/ commercial / amenities / any other structure along with construction of Habitable temporary transit camps, work of on-site, off-site infrastructure and landscaping & performing various co-ordination activities and obtaining all relevant permissions & approvals from all concerned authorities on lump-sum basis for Redevelopment of project of BDD Chawls on CTS No. 1539 & 1540 at Lower Parel Division at Worli, Mumbai.

Capacite Infraprojects is a fast growing construction company focussed on Residential, Commercial and Institutional buildings. It provides end-to-end construction services for residential buildings, multi level car parks, corporate office buildings and buildings for commercial purposes and buildings for educational, hospitality and healthcare purposes.

Capacite Infraproj. Share Price

441.60 3.90 (0.89%)
23-Dec-2024 16:59 View Price Chart
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