Ceigall surges as its arm emerges as L-1 bidder for Rs 2,160 crore project

Ceigall India is currently trading at Rs. 273.05, up by 3.30 points or 1.22% from its previous closing of Rs. 269.75 on the BSE.

The scrip opened at Rs. 275.05 and has touched a high and low of Rs. 279.05 and Rs. 272.35 respectively. So far 4304 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 329.50 on 22-Jan-2025 and a 52 week low of Rs. 223.00 on 09-Dec-2025.

Last one week high and low of the scrip stood at Rs. 284.10 and Rs. 267.10 respectively. The current market cap of the company is Rs. 4774.96 crore.

The promoters holding in the company stood at 82.06%, while Institutions and Non-Institutions held 7.98% and 9.97% respectively.

Ceigall India’s wholly owned subsidiary -- Ceigall Infra Projects has been declared as L-1 bidder for a project worth around Rs 2,160 crore by National Highways Authority of India (NHAI). The project covers construction of 4 laning of Sahebganj Areraj Bettiah of NH 139W (Total length 78.942 km) in the State of Bihar on Hybrid Annuity Mode comprising (i) Section 1 Sahebganj to Areraj (38.362 km) and (ii) Section 2 Areraj to Bettiah (40.580 km). The construction is to be completed within 730 days. The project also includes O&M period of 15 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.