04 Jun , 2026 By : Debdeep Gupta
Capacite Infraprojects shares gained 1 percent in the opening trade on June 4 after the company received a Letter of Intent (LoI) from Ten X Realty East Ltd, a subsidiary of Raymond Realty, for civil core and shell works at a residential project in Wadala, Mumbai.
At 09:39am, Capacite Infraprojects was quoting at Rs 226.80, up Rs 2.05, or 0.91 percent, on the BSE.
The contract is valued at approximately ?589 crore, excluding GST.
Commenting on the development, Managing Director Rahul Katyal said the repeat order from Raymond Realty reflects the longstanding relationship between the two companies and underscores the client's confidence in Capacit'e's project execution capabilities.
He added that the order strengthens the company's order book and reinforces its position in the urban infrastructure and real estate construction segment.
The company reported an 11% year-on-year decline in net profit to Rs 46.73 crore for the quarter ended March 2026, compared with Rs 52.53 crore in the corresponding quarter last year.
However, its revenue rose 6% YoY to Rs 711.78 crore from Rs 671.30 crore in the March 2025.
In the previous trading session, the share closed at Rs 224.75, up Rs 1.75, or 0.78 percent.
The share touched a 52-week high of Rs 357.65 and a 52-week low of Rs 178.90 on 11 June, 2025 and 16 March, 2026, respectively.
Currently, the stock is trading 37.16 percent below its 52-week high and 25.63 percent above its 52-week low.
The market capitalisation of the company stands at Rs 1,901.48 crore.
0 Comment