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Ceigall India rises on emerging as lowest bidder for 220 MW project in Madhya Pradesh

Ceigall India Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 544223 | NSE: CEIGALL

22 Sep 2025 Evaluate

Ceigall India is currently trading at Rs. 279.35, up by 3.00 points or 1.09% from its previous closing of Rs. 276.35 on the BSE.

The scrip opened at Rs. 282.05 and has touched a high and low of Rs. 284.15 and Rs. 279.20 respectively. So far 32389 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 397.95 on 04-Oct-2024 and a 52 week low of Rs. 229.00 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 285.35 and Rs. 272.85 respectively. The current market cap of the company is Rs. 4875.99 crore.

The promoters holding in the company stood at 82.06%, while Institutions and Non-Institutions held 9.14% and 8.81% respectively.

Ceigall India has emerged as lowest bidder for a capacity of 220 MW out of the total 440 MW project capacity Invited by Rewa Ultra Mega Solar. The company has declared as the lowest (L-1) bidder in auction for the establishment of grid-connected ground-mounted solar photovoltaic (PV) project with Battery Energy Storage Systems (BESS) at Morena Solar Park, Madhya Pradesh, through a tariff-based competitive bidding.

The company has quoted a tariff of Rs 2.70/kWh in the electronic (online) reverse auction held on September 19, 2025. The expected project value is around Rs 1,700 crore. The project is to be constructed within 24 months, with the operational period of 25 years.

Ceigall India is an infrastructure construction company with experience in undertaking specialized structural works such as elevated roads, flyovers, bridges, Railway over bridges (ROB), tunnels, highways, expressways and runways.

Ceigall India Share Price

306.50 6.05 (2.01%)

17-Apr-2026 16:59 View Price Chart

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Ceigall India rises on emerging as lowest bidder for 220 MW project in Madhya Pradesh

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