Sunday, August 10, 2025

Capacite Infra bags ₹114 crore Hinduja Group order for Worli project

Date:

Capacite Infraprojects Ltd has received a Letter of Intent worth ₹113.74 crore from Hinduja Group Ltd for civil, structural, and optional works at Hinduja House in Worli, Mumbai.

The order, excluding GST and labour cess, adds to the company’s expanding portfolio of high-value construction contracts in the commercial space.

Following the announcement, shares of Capacitis Infraprottets rose to an intraday high of ₹300.20 on the NSE, up 1% around 1:40 PM.“The Hinduja Group entrusting us with this project reinforces our position as a preferred partner,” said Rahul Katyal, Managing Director, Capacitis Infraprottets. “We remain focused on quality execution and securing orders from both public and private sector clients.”

The latest win follows a ₹621 crore order in June from Saifee Burhan Upliftment Trust for a project in Band Bazaar. The company is targeting 20% revenue growth for FY26, in line with the previous year, backed by a strong pipeline.

In the first quarter alone, Capacit’e bagged over ₹1,200 crore in fresh orders, including projects from Indus, Raymond, and a data centre for the High-Speed Rail corridor. The company is aiming to close FY26 with ₹3,600 crore in total order inflows.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Pidilite Q1 Results: Volume growth at higher end of the range; board approves bonus, special dividend

Adhesive manufacturer Pidilite Industries Ltd. reported June quarter results...

IT Department Launches ITR-5 Excel Utility for AY 2024–25 | Personal Finance News

नई दिल्ली: आयकर विभाग ने मूल्यांकन वर्ष 2024–25 के...

Bonus, Special Dividend Alert: Pidilite board approves first free share issue in 15 years; details here

The board of Pidilite Industries Ltd., the adhesive manufacturer,...

Gold rate today is on an uptrend as Trump’s tariffs boost safe-haven demand. Opportunity to buy?

सोने की कीमतों में वृद्धि हुई ₹557 को...