Mukul Agarwal stock in focus after winning ₹1,320 Cr order from NBCC 

The shares of this EPC stock, providing turnkey solutions for high and super high rises, housing, urban infrastructure and others came into focus on Friday after receiving an order worth Rs 1,320 crore from NBCC (India) Limited.

Price Action

With a market capitalization of Rs 2,840.58 crore, Capacite Infraprojects Ltd fell 15 percent on Friday’s trading session to an intraday low of Rs 309.20 per share compared to its previous closing price of Rs 363 per share. 

The stock retraced from its day’s low and was trading at Rs 336.15 which is 7.4 percent lower than the previous closing price.

What Happened

Capacite Infraprojects Ltd was awarded a work order of Rs 1,320 crore from NBCC (India) Limited, a Navratna Enterprise, for the provision of EPC services by Capacite for the development of Leisure Valley Phase-II Residential Apartments, at Greater Noida (U.P.). Additionally, the contract demands provision of O&M services for a period of 2 years after the completion of the project.

Also read: Vrundavan Plantation in green after securing 2 work orders from Tata Group

Company Overview

Capacite Infraprojects Ltd, specialising in EPC offers comprehensive construction services for buildings and factories across various sectors. The company has so far delivered more than 60 projects across different building segments including residential and commercial buildings for various purposes like hospitality, healthcare and education. 

Additionally, Capacite holds the Limca Book of Record for fastest hospital construction. As of  Q3 FY25, Capacite’s order book size stands at Rs 10,047 crore. About 63 percent of this comes from public sector clients and the remaining 37 percent from the private sector. The company’s marquee clients include renowned names like CIDCO, BSNL, GIFT, Oberoi, Piramal, and DLF among others. 

Ace Investor Holdings

Mukul Mahavir Agarwal, a prominent ace investor in India holds a 6.09 percent stake in the company or 51.5 lakh equity shares as of Q3 FY25. 

Written by Shwetha Sairam

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