Stock under Rs 150: This small-cap civil construction company bags order worth Rs 474.08 crore!
The order is received from Godrej Residency Private Limited (Godrej Group).
On April 6, 2023, Capacite Infraprojects Limited informed in the exchange filing that the company has received an order worth Rs 474.08 crore from Godrej Residency Private Limited (Godrej Group) for the construction of residential towers at Mahalaxmi, Mumbai.
On Thursday, the stock opened at Rs 131.50, with a high and low of Rs 137.50 and Rs 130.50. The stock closed trading at 130.50, up by 0.87 per cent.
The stock has a 52-week high of Rs 192.35 and a 52-week low of Rs 98.35. The company has a ROCE of 10 per cent and an ROE of 4.63 per cent. The company is a constituent of group B stocks with a market capitalisation of Rs 900.58 crore.
In the last 6 months the shares of the company have given about -17 per cent returns and in the last one week, the stock has gained more than 15 per cent.
In the last quarter (Q3FY23), on a consolidated basis, the company's revenue increased by 21.31 per cent YoY to Rs 443 crore. The bottom line stood at Rs 23 crore in Q3FY23, which increased by 91.67 per cent.
Capacite Infraprojects Limited is primarily engaged in the EPC business and provides turnkey solutions for housing, high rises, super high rises, speciality buildings and urban infrastructure. The company offers these services to leading real estate and government bodies in India.