ValuePickr2 days ago
NEUTRAL(85%)
hold
Capacit'e Infraprojects
Read original source+15.2
Market Impact Score
-100 Bearish+100 Bullish
AI Analysis
The Indian construction sector is a key driver of economic growth, with significant government spending on infrastructure projects. IPOs in this sector can attract investor interest due to potential for long-term returns.
Trading Insight
Monitor the IPO subscription rates and post-listing performance of Capacit'e Infraprojects to gauge investor sentiment towards the construction sector.
Quick check: CAPACITE neutral, SUNPHARMA neutral (-1.4% 1d).
Key Evidence
- •Capacit'e Infraprojects is coming up with a Rs 400-crore initial public offering on September 13.
- •The price band for the IPO is Rs 245 to Rs 250 per share.
- •Objects of the Issue include funding working capital requirements and purchasing capital assets.
- •The company has an exclusive focus on construction of buildings in major cities.
- •As of January 31, 2017, the company had an Order Book aggregating to ₹ 40,490.74 million, which is 4.75 times its consolidated revenue from operations.
Affected Stocks
CAPACITECapacit'e Infraprojects Ltd.
Positive
The company is going public, which is a significant event for its growth and visibility.
Sectors:construction
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