Capacite Infraprojects Ltd bags EPC contract worth Rs 407.16 crore

On January 15, 2020 (Wednesday), Capacite lnfraprojects announced that it had received an Engineering, Procurement and Construction (EPC) contract worth Rs 407.16 crore from Integrated Unit (PW) Division for the construction of a multi-story super speciality hospital building at Sir J J Hospital Campus, Byculla (Mumbai).

The contract further enhances the institutional order book share of the company. With an order book that provides revenue visibility of 3.5 to 4 years and a healthy pipeline, the company remains confident of continuing a strong performance in the foreseeable future.

Commenting on the development, Rahul Katyat, the Managing Director (MD) stated that the company was delighted to add another reputed client to their order book and remained confident of delivering these projects within the stipulated timeline.

Capacite Infraprojects Limited is a 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 as well as buildings for educational, hospitality and healthcare purposes.

On Wednesday, the stock closed at Rs 195.85, up by 0.98 per cent or Rs 1.90 per share. The 52-week high is recorded at Rs 295 and the 52-week low is recorded at Rs 156 on BSE.