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Capacit’e Infraprojects’ Share Price Up 1.5% After Securing Rs 1,203 Crore Work Orders

25 October 20243 mins read by Angel One
Capacit'e Infraprojects secures Rs 1,203 crore work orders from Signatureglobal, pushing share price up 1.5%. A significant milestone in client expansion.
Capacit’e Infraprojects’ Share Price Up 1.5% After Securing Rs 1,203 Crore Work Orders
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Capacit’e Infraprojects Secures Rs 1,203 Crore Work Orders

Capacit’e Infraprojects Limited, a prominent name in the construction industry, has secured work orders worth Rs 1,203 crore from Signatureglobal (India) Limited, a new client. The project involves civil structure and part MEP work for all towers, basements, and ancillary buildings in the “Titanium SPR (Phase-1 and 2)” group housing project located in Sector 71, Gurugram, Haryana.

A Major Milestone in Client Expansion

This marks a significant achievement for Capacit’e Infraprojects, as it continues to expand its client base. The project showcases the company’s strong position as a preferred partner for marquee projects. Speaking on this development, Mr. Rahul Katyal, Managing Director of Capacit’e Infraprojects, expressed his gratitude to Signatureglobal for placing trust in their expertise. He also highlighted how this contract reflects the company’s growing execution capabilities.

Boost to Share Price by 1.5%

Following the announcement, Capacit’e Infraprojects’ share price saw an increase of 1.5%. The share price of Capacit’e Infraprojects is down by 12.5% in the month of October. However, the share price has jumped 36% in 2024, so far. 

About Capacit’e Infraprojects

Capacit’e Infraprojects is a renowned player in the construction sector, providing end-to-end services for residential, commercial, and institutional buildings. The company has established itself as a marquee contractor, working with major real estate developers across India. With a focus on high-rise buildings, townships, and institutional projects like healthcare facilities and office complexes, Capacit’e continues to deliver projects of the highest quality.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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