Capacite Infraprojects Up 3% After Winning ₹542 Crore Order from IIT Bombay

Capacite shares rise on significant contract win, boosting order book and revenue visibility.

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Capacite Infraprojects Up 3% After Winning ₹542 Crore Order from IIT Bombay

Capacite Infraprojects Up 3% After Winning ₹542 Crore Order from IIT Bombay
Capacite Infraprojects gained 5% after securing a ₹542 crore contract from IIT Bombay for campus infrastructure development. The win strengthens Capacite’s order book to over ₹12,500 crore, enhancing revenue visibility for FY26. Analysts highlighted the company’s continued success in large-scale urban and educational projects, reflecting robust public-sector spending and a strong construction pipeline across Tier-1 cities. The deal underscores industrial and institutional demand amid India’s improving investment climate.
Companies:
  • Capacite Infraprojects
Tags:
  • Stocks
  • Infrastructure