Shares of Capacite Infraprojects Ltd rose 2% to a day’s high of Rs 334 on 18th September. This happened after the company announced that it had secured an order worth Rs 1,518 crore for constructing ultra-luxury residential towers in Mumbai under the Super High-Rise category.

The order involves building four ultra-luxury super high-rise residential towers in Mahalaxmi, Mumbai. These towers will have premium amenities like a clubhouse and penthouses offering views of the Willingdon Golf Course and the Arabian Sea.

Rahul Katyal, Managing Director of Capacite Infraprojects, said the repeat order reflects the client’s trust in the company’s ability. Specifically, their trust in delivering high-quality, safe projects. He added that Capacite is committed to completing this iconic development along with 25 Downtown by Hubtown.

The company said the order reinforces its position as a leading player in India’s super high-rise construction segment.

At 3:02 PM, the shares of Capacite Infraprojects were trading 0.85% higher at Rs 321.70 on NSE.

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