Rs 10,245 crore order book: Company bagged order from RVNL, complete details inside!

Shares of the company have generated an impressive 67 per cent in the last six months

Capacite Infraprojects Limited, a prominent entity engaged in the EPC business, has made a significant announcement regarding a new order acquisition.

As detailed in the official report, Capacite Infraprojects Ltd and Mohan Mutha Exports Pvt Ltd (Joint Venture) have secured an order with a total value of Rs 575 crore (excluding taxes) from the Rail Vikas Nigam Limited. The company received an order for an EPC project in Maldives. Capacite Infraprojects Ltd will have a 51 per cent share in the JV.

The Projects shall be commissioned in a period of 18 Months from the date of commencement.

Capacite Infraprojects Limited is a leading building construction company with a presence in MMR, NCR, Goa, Gandhinagar, Bengaluru, Hyderabad, Chennai, and Pune. The company specializes in the construction of super high-rise buildings.

On Tuesday, the shares of the company commenced trading at Rs 196.20 and finally concluded trading at Rs 203.60 each on the BSE. This represents a 3.77 per cent increase or Rs 7.40 up from the previous day's closing price of Rs 196.20 apiece.

The market capitalization of the company is just Rs 1497 crore. Additionally, the stock has delivered an impressive return of 22 per cent in just one month and 67 per cent in the last six months.

The company's ROCE (Return on Capital Employed) and ROE (Return on Equity) are 16 per cent and 9 per cent, respectively.

Investors must keep an eye on this stock.

Disclaimer: This article is for informational purposes only and not investment advice.

1 comments on article "Rs 10,245 crore order book: Company bagged order from RVNL, complete details inside!"

Pramod Gaonkar

Thanks

8/30/2023 8:27 PM

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