Capacite Infra bags Rs. 400 crore order

Mumbai-based infrastructure company, Capacit’e infra bagged new order worth Rs. 400 crore from two real estate developers in the city.

Capacite has got an order from K Raheja Corp for construction work of a commercial project at Worli. It has also bagged a contract for Oberoi Realty's Sky City project at Borivali. The orders are worth around Rs. 400 crore.

In March 2019, the company had won an order of Rs. 483 crore from Municipal Corporation of Greater Mumbai for the development of a hospital. After securing these two orders, the company's total order book has reached around Rs. 7,700 crore.

Capacit’e 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.

On Thursday, the stock of Capacit’e closed with a loss of 1.08 per cent at Rs. 234.15 per share on BSE. The benchmark index BSE Sensex ended Thursday’s session on a choppy note with marginal gains of 21.66 points.