Capacit'e Infraprojects bags contract worth Rs150.72 crore

19 Oct 2022 , 09:19 AM

Capacit’e Infraprojects Limited informed to the exchanges that it has received contract worth Rs150.72 crore (excluding GST) from GIFT SEZ Limited for Construction of TFSCA headquarter building in GIFT SEZ.

Commenting on the same, Rahul Katyal, Managing Director said, “This new order will help us to further consolidate our position in high growth businesses. Amidst a challenging environment, this new order also support us to diversifying our clientele, generate additional business from existing marquee clients and appropriately manage commodity risk through pass through clauses.

The orders inflow for the current financial year, along with our existing orders book gives us confidence to deliver good growth in the coming quarters.

We remain confident of delivering the project within the stipulated timelines and to client satisfaction. At Capacit’e, it is our continuous endeavour to add quality orders from existing and new clients, both in public and private sector and we are confident on the growing execution capabilities of the Company.”

At around 9:19 AM, Capacite Infraprojects Ltd is currently trading at Rs161.05 per share down by Rs0.4 or 0.25% from its previous closing of Rs161.45 per share on the BSE.

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