Capacit'e Infraprojects Ltd receives LOI from TenX Realty Ltd for Rs. 220 crore

Capacit'e Infraprojects Limited has received Letter of Intent (LOI) from TenX Realty Limited (a step-down subsidiary of Raymond Limited), for a total contract value of ₹220 Crore (Rupees Two Hundred Twenty Crore Only) excluding GST, for "Civil Core & Shell Works for Project - The Address by GS - Bandra Project including 2 Basement, G-23 floors & Non-Tower area at Nirmal Nagar, Off western Express Highway, Bandra (E) 400051.

Commenting on the same, Mr. Rahul Katyal, Managing Director said, "We are thrilled to have been entrusted by our valued client, Raymond Limited's Realty Division, with repeat orders through TenX Realty Limited (step-down subsidiary of Raymond Limited). We're delighted by the repeat orders, showcasing our strong partnership and dedication to exceptional service.

With a strong track record of project delivery, we're confident in our ability to meet timelines and exceed client expectations. At Capacit'e, we're dedicated to expanding our portfolio with quality orders and showcasing our growing expertise in project execution."

Shares of Capacit'e Infraprojects Limited was last trading in BSE at Rs. 360.90 as compared to the previous close of Rs. 352.60. The total number of shares traded during the day was 12487 in over 604 trades.

The stock hit an intraday high of Rs. 364.95 and intraday low of 356.05. The net turnover during the day was Rs. 4477390.00.

Source : Equity Bulls

Keywords

CapaciteInfraprojects INE264T01014 LOI OrderWin TenXRealty