Share price of this small-cap stock fell by nearly 2.82% on NSE to Rs. 267.95 in the trading session of March 26th, compared to its previous closing price of Rs. 275.75, after a promoter sold its stake in the company via open market transactions.
With a market capitalisation of Rs. 2,294.04 crores, at 11:29 a.m. the share price of Capacit’e Infraprojects Limited was trading in the green on BSE at Rs. 275.95, up by 0.15 percent.
In the last one year, the company has delivered about 145.07 percent of multibagger returns and nearly 31.7 percent in the last six months. So far in 2024, it has given around 6.1 percent of positive returns.
According to the bulk deal data available on the BSE, the fluctuations in the share price were observed after promoter Subir Malhotra sold 25.25 lakh equity shares, representing a 3.29 percent stake, in Capacit’e Infraprojects on Friday, valued at Rs. 69.44 crores.
As of December 2023, Subir Malhotra held 25,25,439 equity shares or a 3.29 percent stake in the company.
Further, investor Paragon Partners Growth Fund also sold 7.5 lakh equity shares in the company, worth nearly Rs. 20.62 crore, at an average price of Rs. 275 per share.
However, Valiant Mauritius Partners Limited and Valiant Mauritius Partners Offshore Limited bought nearly 37.69 lakh equity shares in Capacit’e Infraprojects, equivalent to a 4.91 percent stake, at an average price of Rs. 274.92 per share, for a total of Rs. 103.62 crore.
According to the shareholding pattern data available on the BSE, ace investor Mukul Agrawal holds 60 lakh equity shares, or a 7.83 percent stake, in the company.
In terms of financials, Macrotech’s revenue from operations grew by 14 percent from Rs. 422 crore in Q2 FY23-24 to Rs. 481 crore in Q3 FY23-24.
The net profit of the company also increased by 50 percent to Rs. 30 crore in Q3 FY23-24 from Rs. 20 crore in Q2 FY23-24.
As of January 2024, FIIs hold 10.08 percent of the shares, whereas DIIs hold 9.74 percent of the shares in the company, aggregating to 19.82 percent of the institutional holdings.
Established in 2012, Capacit’e Infraprojects Limited is engaged in the business of providing project design, construction and management services to leading real-estate and government bodies in India.
Written by Shivani Singh
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