Capacite Infra jumps 15 per cent on order win
Capacit'e Infraprojects informed the bourses that it has received a repeat order amounting to Rs. 705 crore from Oberoi Realty. This order comprises of construction of Oberoi Garden City- Phase 3 comprising of 5 towers of 66 floors each located at Goregaon East, Mumbai.
The company’s order book comprises of Residential (79 per cent) and Commercial & Institutional (21 per cent) during Q1FY19. On the geographical front, West India contributes 79 per cent, South India contributes 12 per cent and North India contributes 9 per cent to the private sector.
At the end of June 30, 2018, the total order book from private sector stood at Rs. 6,243 crores and Government sector stood at Rs. 4,357 crore. During Q1FY19, the company added orders amounting to Rs. 1,132 crore in private sector and Rs. 4,357 crore in Government sector.
With the announcement of this order win, the stock jumped nearly 15 per cent and made an intraday high of Rs. 205.90 on the BSE.