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Reading: Infra inventory jumps 4% after receiving ₹621 Cr order for redevelopment challenge in Mumbai
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StockWaves > Financial News > Infra inventory jumps 4% after receiving ₹621 Cr order for redevelopment challenge in Mumbai
Financial News

Infra inventory jumps 4% after receiving ₹621 Cr order for redevelopment challenge in Mumbai

StockWaves By StockWaves Last updated: June 24, 2025 4 Min Read
Infra inventory jumps 4% after receiving ₹621 Cr order for redevelopment challenge in Mumbai
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This construction-focused inventory, engaged in civil contracting and infrastructure improvement, rose over 4% on Tuesday after receiving a Rs 621 crore Letter of Intent for a redevelopment challenge in Mumbai.

With the market capitalization of Rs 2,770 Crores, the shares of Capacit’e Infraprojects Restricted jumped over 4% making an intraday day excessive of Rs 329.40 per share from its earlier closing worth of Rs 315.40 per share.

Infra inventory jumps 4% after receiving ₹621 Cr order for redevelopment challenge in Mumbai

Capacit’e Infraprojects Ltd has obtained a Letter of Intent value Rs 621 crore from Saifee Burhani Upliftment Belief for core and shell development, ending, and MEPF providers for Sector 07 of the Bhendi Bazaar redevelopment challenge in Mumbai. The contract is a part of the corporate’s common civil contracting operations.

Commenting on the identical, Mr. Rahul Katyal, Managing Director mentioned, “We’re thrilled that Capacit’e Infraprojects has been entrusted as soon as once more by our valued consumer, Saifee Burhani Upliftment Belief (SBUT), with the third repeat order. This continued partnership is a testomony to the belief and confidence our shoppers place in us and displays the energy of our long-standing relationship. 

We’re delighted by this reaffirmation of our consumer’s satisfaction, which underscores our unwavering dedication to distinctive service and high quality supply. With a confirmed monitor file of finishing initiatives on time and to the very best requirements, we stay assured in our skill to fulfill and exceed expectations. At Capacit’e, we’re centered on rising our order ebook with prestigious, high quality initiatives and additional enhancing our repute for excellence in execution”.

Capacit’e Infraprojects, integrated in 2012, is a specialised EPC firm centered on setting up buildings and factories. It operates throughout residential, industrial, institutional, and mixed-use segments, together with hospitals, information centres, faculties, malls, and high-rise buildings. As of March 2025, Ace investor Mukul Mahavir Agrawal holds a 6.09 p.c stake within the firm.

The corporate has constructed over 70 million sq. ft. in simply 12 years and holds a Limca E book of Information for the quickest hospital development. With a robust monitor file and Rs 10,545 crore order ebook (as of March 31, 2025), it’s a most popular associate for each non-public and public sector initiatives.

The corporate reported a robust efficiency in FY25, with income rising 21.6% to Rs 2,350 crore from Rs 1,932 crore in FY24. Web revenue noticed a pointy 70% soar to Rs 204 crore, in comparison with Rs 120 crore a 12 months in the past.

Written By Rohan Pandey

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The views and funding ideas expressed by funding specialists/broking homes/ranking companies on tradebrains.in are their very own, and never that of the web site or its administration. Investing in equities poses a danger of economic losses. Buyers should due to this fact train due warning whereas investing or buying and selling in shares. Commerce Brains Applied sciences Non-public Restricted or the writer should not responsible for any losses brought about because of the choice primarily based on this text. Please seek the advice of your funding advisor earlier than investing.

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