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Capacite Infraprojects Shares Surge 5 Percent on Major Chennai Metro Order
- •Capacit'e Infraprojects shares rose nearly 5 percent after securing a Letter of Acceptance worth approximately ₹368.98 crore from Chennai Metro Rail Limited.
- •The project entails constructing buildings near Thirumangalam Metro Station, including civil works, architectural finishes, MEP services, and HVAC systems.
- •Managing Director Rahul Katyal highlighted that the win strengthens the company's footprint in the public sector infrastructure space.
- •The company previously secured a ₹741 crore order from Mahindra Lifespace Developers in August for core and shell construction.
- •The stock has performed strongly, gaining over 28 percent so far in 2026 and 35 percent over the past year.
Key Questions Answered
Capacit'e Infraprojects received a Letter of Acceptance worth approximately ₹368.98 crore, excluding GST, from Chennai Metro Rail Limited for building construction near Thirumangalam Metro Station. The scope encompasses civil works, architectural finishes, plumbing, electrical and mechanical works, ventilation, air-conditioning, lifts, and associated operations.
Following the announcement on Tuesday, October 6, 2026, shares of Capacit'e Infraprojects gained nearly 5% and hit an intraday high of ₹186.97. Although the stock pared some of those gains later in the session, it was trading up 2.7% at ₹183.48 by mid-afternoon.
In August 2026, Capacit'e Infraprojects secured a work order valued at roughly ₹741 crore, excluding GST, from Mahindra Lifespace Developers. This project covered core and shell construction for Mahindra Rainforest at Kanjurmarg and Mahindra Beacon Hill at Mahalaxmi.
