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Capacit’e Infraprojects Turns Flat After A Sudden Spurt Of 10%
Shares of the Mumbai-based construction company turned flat after staging a sudden spurt of 10 percent as it won construction order worth over Rs 11,000 crore.
A consortium of Capacit’e Infraprojects, Tata Projects and CITIC Construction received the letter of acceptance from Mumbai Housing and Area Development (MHADA) for total contract value of Rs 11,744 crore for redevelopment of BDD chawls in Mumbai, the company said in an exchange notification.
Capacit’e Infraprojects’ share in the consortium stands at 37.1 percent worth Rs 4,357.12 crore, the notification added.
Post Updated 22 June, 2018 10:28 AM