Capacit'e Infraproiects receives orders from Raymond's realty division for Rs148.2cr; stock 5% higher

Capacit'e Infraprojects Limited, intimated the exchanges regarding the receipt of orders from Raymond Limited. The company said it has received repeat orders from Raymond Limited (Realty Division) worth Rs148.2crs for TenX Project at Raymond Limited, Thane. The repeat orders are within the existing project premises.

Commenting on the same, Rahul Katyal, Managing Director said, "We are delighted that Raymond Limited have shown their confidence in Capacit'e tnfraprojects Limited and awarded further works at their TenX project at Thane. We remain confident of delivering these projects within the stipulated timelines and to client satisfaction. At Capacit'e, it is our continuous endeavour to add quality orders from existing and new clients and we are confident on the growing execution capabilities of the Company."

Capacite was trading at Rs192.70 per piece up by Rs9.75 or 5.33% from its previous closing on the BSE, at around 1.30pm.