CEIGALL
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Recent events
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Ceigall India Ltd Got Project With Bid Cost Estimated At 21.60 Billion Rupees
Feb 12 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - GOT PROJECT WITH BID COST ESTIMATED AT 21.60 BILLION RUPEES
Source text: ID:nNSE8QyypN
Further company coverage: CEIG.NS
(([email protected];))
Feb 12 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - GOT PROJECT WITH BID COST ESTIMATED AT 21.60 BILLION RUPEES
Source text: ID:nNSE8QyypN
Further company coverage: CEIG.NS
(([email protected];))
Ceigall India Ltd Awarded 17 Billion Rupees Solar And Bess Project
Feb 10 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - AWARDED 17 BILLION RUPEES SOLAR AND BESS PROJECT
Further company coverage: CEIG.NS
(([email protected];))
Feb 10 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - AWARDED 17 BILLION RUPEES SOLAR AND BESS PROJECT
Further company coverage: CEIG.NS
(([email protected];))
Ceigall India Posts Dec-Quarter Consol Net Profit Of 741.1 Million Rupees
Feb 9 (Reuters) - Ceigall India Ltd CEIG.NS:
DEC-QUARTER CONSOL NET PROFIT 741.1 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 9.91 BILLION RUPEES
APPOINTS A. SARAVANAN AS CEO
APPROVES SALE OF CEIGALL MALOUT ABOHAR SADHUWALI HIGHWAYS
CEIGALL MALOUT ABOHAR SADHUWALI HIGHWAYS DEAL FOR 1.77 BILLION RUPEES
Source text: ID:nBSE3pCB9m
Further company coverage: CEIG.NS
(([email protected];))
Feb 9 (Reuters) - Ceigall India Ltd CEIG.NS:
DEC-QUARTER CONSOL NET PROFIT 741.1 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 9.91 BILLION RUPEES
APPOINTS A. SARAVANAN AS CEO
APPROVES SALE OF CEIGALL MALOUT ABOHAR SADHUWALI HIGHWAYS
CEIGALL MALOUT ABOHAR SADHUWALI HIGHWAYS DEAL FOR 1.77 BILLION RUPEES
Source text: ID:nBSE3pCB9m
Further company coverage: CEIG.NS
(([email protected];))
Ceigall India Says Ceigall Infra Projects Emerges As L1 Bidder For NHAI Tender
Jan 22 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - CEIGALL INFRA PROJECTS EMERGES AS L1 BIDDER FOR NHAI TENDER
CEIGALL INDIA LTD - BID COST 21.6 BILLION RUPEES
Source text: ID:nNSEbVnf1F
Further company coverage: CEIG.NS
(([email protected];))
Jan 22 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - CEIGALL INFRA PROJECTS EMERGES AS L1 BIDDER FOR NHAI TENDER
CEIGALL INDIA LTD - BID COST 21.6 BILLION RUPEES
Source text: ID:nNSEbVnf1F
Further company coverage: CEIG.NS
(([email protected];))
Ceigall India Ltd - Co, Sam India Jointly Declared L-1 Bidder By Jaipur Metro
Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - CO, SAM INDIA JOINTLY DECLARED L-1 BIDDER BY JAIPUR METRO
CEIGALL INDIA LTD - BID COST IS 9.18 BILLION RUPEES
Source text: ID:nNSE1jz55z
Further company coverage: CEIG.NS
Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - CO, SAM INDIA JOINTLY DECLARED L-1 BIDDER BY JAIPUR METRO
CEIGALL INDIA LTD - BID COST IS 9.18 BILLION RUPEES
Source text: ID:nNSE1jz55z
Further company coverage: CEIG.NS
Ceigall India Acquiring 100% Equity Shares Of Velgaon Power Transmission For 18.9 Million Rupees
Jan 9 (Reuters) - Ceigall India Ltd CEIG.NS:
ACQUIRING 100% EQUITY SHARES OF VELGAON POWER TRANSMISSION FOR 18.9 MILLION RUPEES
Source text: ID:nnAZN4RTFOY
Further company coverage: CEIG.NS
(([email protected];))
Jan 9 (Reuters) - Ceigall India Ltd CEIG.NS:
ACQUIRING 100% EQUITY SHARES OF VELGAON POWER TRANSMISSION FOR 18.9 MILLION RUPEES
Source text: ID:nnAZN4RTFOY
Further company coverage: CEIG.NS
(([email protected];))
Ceigall India To Buy 100% Of Velgaon Power Transmission
Jan 2 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - TO BUY 100% OF VELGAON POWER TRANSMISSION
Source text: ID:nNSE66qjsS
Further company coverage: CEIG.NS
(([email protected];))
Jan 2 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - TO BUY 100% OF VELGAON POWER TRANSMISSION
Source text: ID:nNSE66qjsS
Further company coverage: CEIG.NS
(([email protected];))
Ceigall India Receives LoA For 10.89 Billion Rupees Highway Project
Dec 29 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - RECEIVES LOA FOR 10.89 BILLION RUPEES HIGHWAY PROJECT
Source text: ID:nBSEbYScR
Further company coverage: CEIG.NS
(([email protected];;))
Dec 29 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - RECEIVES LOA FOR 10.89 BILLION RUPEES HIGHWAY PROJECT
Source text: ID:nBSEbYScR
Further company coverage: CEIG.NS
(([email protected];;))
Construction firm Ceigall India rises on order win
** Shares of Ceigall India CEIG.NS jump 4.3% to 246 rupees
** Stock set to log first weekly gain in five weeks
** Construction firm gets highway order worth 10.89 bln rupees ($121.7 mln) from Madhya Pradesh state
** Trading vols 402k shares vs 30-day avg of 165k shares
** YTD stock down ~28%
($1 = 89.4870 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of Ceigall India CEIG.NS jump 4.3% to 246 rupees
** Stock set to log first weekly gain in five weeks
** Construction firm gets highway order worth 10.89 bln rupees ($121.7 mln) from Madhya Pradesh state
** Trading vols 402k shares vs 30-day avg of 165k shares
** YTD stock down ~28%
($1 = 89.4870 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
India's Ceigall India rises on 2-billion-rupee drug park project win
** Shares of Ceigall CEIG.NS rise 2% to 267 rupees
** Construction firm receives 2.25 billion rupees ($25.34 million) letter of intent from Himachal Pradesh State Industrial Development Corporation for development of Bulk Drug Park in Una district
** Stock down 21% YTD
($1 = 88.7970 Indian rupees)
(Reporting by Rudra Pratap Singh in Bengaluru)
** Shares of Ceigall CEIG.NS rise 2% to 267 rupees
** Construction firm receives 2.25 billion rupees ($25.34 million) letter of intent from Himachal Pradesh State Industrial Development Corporation for development of Bulk Drug Park in Una district
** Stock down 21% YTD
($1 = 88.7970 Indian rupees)
(Reporting by Rudra Pratap Singh in Bengaluru)
Central Indian state secures record-low price for solar-plus-storage power project
NEW DELHI, Sept 20 (Reuters) - The central Indian state of Madhya Pradesh has secured India’s lowest-ever price for buying solar power backed by battery storage in a clean energy auction, a top state official said, in a deal that could reshape how states buy power.
CEIGALL India CEIG.NS and ACME Solar ACMO.NS won the tenders to supply clean power to Madhya Pradesh at 2.70 rupees (about 3 U.S. cents) per kWh and 2.764 rupees per kWh, respectively, the official said on Saturday.
The lower price at which solar power can be supplied using battery storage could set a precedent for other states, showing them that renewable energy with storage can be cheaper than coal, said Manu Srivastava, a top official at the state's Power and Renewable Energy Department.
The project has two units, each delivering 220 megawatts of power during sunny hours using solar panels, and in the evenings drawing power from batteries charged by solar energy.
In the mornings, before the sun has charged the panels, the units draw power from those same batteries, which have been recharged with cheaper night-time electricity from the grid.
The state is planning longer-duration storage projects and aims to eventually offer 24-hour renewable power at rates comparable to coal power, Srivastava said.
The lower prices come as India is rapidly adding to its renewable energy capacity, aiming to expand its non-fossil fuel capacity to 500 GW by 2030.
Coal power, however, remains central to the country's energy strategy because of the need for stable power during non-solar hours and the absence of viable, affordable storage projects.
($1 = 88.0950 Indian rupees)
(Reporting by Sethuraman NR; Editing by Tom Hogue)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
NEW DELHI, Sept 20 (Reuters) - The central Indian state of Madhya Pradesh has secured India’s lowest-ever price for buying solar power backed by battery storage in a clean energy auction, a top state official said, in a deal that could reshape how states buy power.
CEIGALL India CEIG.NS and ACME Solar ACMO.NS won the tenders to supply clean power to Madhya Pradesh at 2.70 rupees (about 3 U.S. cents) per kWh and 2.764 rupees per kWh, respectively, the official said on Saturday.
The lower price at which solar power can be supplied using battery storage could set a precedent for other states, showing them that renewable energy with storage can be cheaper than coal, said Manu Srivastava, a top official at the state's Power and Renewable Energy Department.
The project has two units, each delivering 220 megawatts of power during sunny hours using solar panels, and in the evenings drawing power from batteries charged by solar energy.
In the mornings, before the sun has charged the panels, the units draw power from those same batteries, which have been recharged with cheaper night-time electricity from the grid.
The state is planning longer-duration storage projects and aims to eventually offer 24-hour renewable power at rates comparable to coal power, Srivastava said.
The lower prices come as India is rapidly adding to its renewable energy capacity, aiming to expand its non-fossil fuel capacity to 500 GW by 2030.
Coal power, however, remains central to the country's energy strategy because of the need for stable power during non-solar hours and the absence of viable, affordable storage projects.
($1 = 88.0950 Indian rupees)
(Reporting by Sethuraman NR; Editing by Tom Hogue)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
Ceigall India Gets Favourable Court Judgment In Matter Of 5.4 Million Rupees Bid Security
Aug 14 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA: HIGH COURT JUDGMENT IN FAVOUR OF CO IN MATTER OF 5.4 MILLION RUPEES BID SECURITY
Source text: ID:nnAZN4DBW6K
Further company coverage: CEIG.NS
(([email protected];))
Aug 14 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA: HIGH COURT JUDGMENT IN FAVOUR OF CO IN MATTER OF 5.4 MILLION RUPEES BID SECURITY
Source text: ID:nnAZN4DBW6K
Further company coverage: CEIG.NS
(([email protected];))
Ceigall India drops on quarterly profit fall
** Shares of Ceigall India CEIG.NS decline 4.2% to 247 rupees; set for worst day since early-May
** Infra firm posted a 33% y/y drop in April-June consol net profit at 531.8 million rupees ($6.1 million)
** Expenses rise 8%, while rev grew about 2%
** YTD, stock down 27%
($1 = 87.6250 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of Ceigall India CEIG.NS decline 4.2% to 247 rupees; set for worst day since early-May
** Infra firm posted a 33% y/y drop in April-June consol net profit at 531.8 million rupees ($6.1 million)
** Expenses rise 8%, while rev grew about 2%
** YTD, stock down 27%
($1 = 87.6250 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
Ceigall India gains after favourable arbitration award
** Shares of Ceigall India CEIG.NS rise 2% to 274 rupees
** Arbitral tribunal awards 193.6 million rupees ($2.25 million) arbitration award to the engineering co, in dispute with Himachal Pradesh Public Works Department
** More than 556,000 shares traded, about 1.5x the 30-day average
** Stock down 19% YTD
($1 = 85.8875 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
** Shares of Ceigall India CEIG.NS rise 2% to 274 rupees
** Arbitral tribunal awards 193.6 million rupees ($2.25 million) arbitration award to the engineering co, in dispute with Himachal Pradesh Public Works Department
** More than 556,000 shares traded, about 1.5x the 30-day average
** Stock down 19% YTD
($1 = 85.8875 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
Ceigall India Receives Arbitration Award Of 193.6 Million Rupees
July 4 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - RECEIVES ARBITRATION AWARD OF 193.6 MILLION RUPEES
Source text: ID:nNSE70QmJ
Further company coverage: CEIG.NS
(([email protected];))
July 4 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - RECEIVES ARBITRATION AWARD OF 193.6 MILLION RUPEES
Source text: ID:nNSE70QmJ
Further company coverage: CEIG.NS
(([email protected];))
Ceigall India hits 4- month high on order win
**Shares of Ceigall India CEIG.BO rise 2.7% to 279 rupees, highest since February 14
** Engineering & construction firm’s unit gets order worth 11.99 billion rupees ($139.93 million) from National Highways Authority of India
** CEIG gains for third straight session
** Trading volume exceeds 1.6 mln shares, 5.6x 30-day moving avg
** Stock down 17.9% YTD
($1 = 85.6830 Indian rupees)
(Reporting by Rudra Pratap Singh in Bengaluru)
**Shares of Ceigall India CEIG.BO rise 2.7% to 279 rupees, highest since February 14
** Engineering & construction firm’s unit gets order worth 11.99 billion rupees ($139.93 million) from National Highways Authority of India
** CEIG gains for third straight session
** Trading volume exceeds 1.6 mln shares, 5.6x 30-day moving avg
** Stock down 17.9% YTD
($1 = 85.6830 Indian rupees)
(Reporting by Rudra Pratap Singh in Bengaluru)
Ceigall India rises on $106.4 million order win
** Shares of infrastructure construction firm Ceigall India CEIG.NS rise as much as 2.2% to 248.60 rupees
** CEIG said on Thursday it had got letter of award from National Highways Authority of India for project worth 9.23 billion rupees ($106.4 million)
** More than 231,000 shares change hands, 1.7x of 30-day avg
** Since listing in August last year, stock has fallen 41.8%
($1 = 86.7770 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of infrastructure construction firm Ceigall India CEIG.NS rise as much as 2.2% to 248.60 rupees
** CEIG said on Thursday it had got letter of award from National Highways Authority of India for project worth 9.23 billion rupees ($106.4 million)
** More than 231,000 shares change hands, 1.7x of 30-day avg
** Since listing in August last year, stock has fallen 41.8%
($1 = 86.7770 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
Ceigall India Receives LoA From NHAI
March 13 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - RECEIVES LOA FROM NHAI
CEIGALL INDIA LTD - PROJECT COST OF 9.23 BILLION RUPEES EXCLUDING GST
Source text: ID:nBSE19zYYn
Further company coverage: CEIG.NS
(([email protected];;))
March 13 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - RECEIVES LOA FROM NHAI
CEIGALL INDIA LTD - PROJECT COST OF 9.23 BILLION RUPEES EXCLUDING GST
Source text: ID:nBSE19zYYn
Further company coverage: CEIG.NS
(([email protected];;))
Ceigall India drops after highways authority cancels JV's $123 million contract
** Shares of infrastructure construction co Ceigall India CEIG.NS down 2.9% to 260.5 rupees
** Co says National Highways Authority of India (NHAI) cancels highway project contract worth 10.71 billion rupees ($122.89 million) with co's JV
** NHAI to pay damages equivalent to 1% of contract price
** Stock down 37.9% since listing in August 2024
($1 = 87.1500 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
** Shares of infrastructure construction co Ceigall India CEIG.NS down 2.9% to 260.5 rupees
** Co says National Highways Authority of India (NHAI) cancels highway project contract worth 10.71 billion rupees ($122.89 million) with co's JV
** NHAI to pay damages equivalent to 1% of contract price
** Stock down 37.9% since listing in August 2024
($1 = 87.1500 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
Ceigall India Says NHAI To Pay Damages Equivalent To 1% Of Terminated Contract Price
Feb 26 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA - NHAI TO PAY DAMAGES EQUIVALENT TO 1% OF TERMINATED CONTRACT PRICE
CEIGALL INDIA - NHAI TERMINATES CONTRACT FOR AMRTISAR PRJECT
Source text: ID:nNSEc80rs2
Further company coverage: CEIG.NS
(([email protected];))
Feb 26 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA - NHAI TO PAY DAMAGES EQUIVALENT TO 1% OF TERMINATED CONTRACT PRICE
CEIGALL INDIA - NHAI TERMINATES CONTRACT FOR AMRTISAR PRJECT
Source text: ID:nNSEc80rs2
Further company coverage: CEIG.NS
(([email protected];))
Ceigall India Achieves Financial Closure Of Two Hybrid Annuity Mode Projects
Feb 20 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA - ACHIEVES FINANCIAL CLOSURE OF TWO HYBRID ANNUITY MODE PROJECTS
Source text: [ID:]
Further company coverage: CEIG.NS
(([email protected];;))
Feb 20 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA - ACHIEVES FINANCIAL CLOSURE OF TWO HYBRID ANNUITY MODE PROJECTS
Source text: [ID:]
Further company coverage: CEIG.NS
(([email protected];;))
Ceigall India Dec-Quarter Consol Net Profit 732 Million Rupees
Feb 4 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD DEC-QUARTER CONSOL NET PROFIT 732 MILLION RUPEES
CEIGALL INDIA LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.31 BILLION RUPEES
Source text: ID:nBSE18Xkjz
Further company coverage: CEIG.NS
(([email protected];))
Feb 4 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD DEC-QUARTER CONSOL NET PROFIT 732 MILLION RUPEES
CEIGALL INDIA LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.31 BILLION RUPEES
Source text: ID:nBSE18Xkjz
Further company coverage: CEIG.NS
(([email protected];))
India's IL&FS Engineering gains on sub-contract for metro viaduct
** Shares of IL&FS Engineering and Construction ILFE.NS rise 5% to 43.1 rupees
** Stock on track for best one day pct gain since late-Oct
** Co gets sub-contract to part design and build elevated viaduct within Bhubaneswar Metro
** Deal from Ceigall India CEIG.NS worth 3.03 bln rupees ($35.4 mln); CEIG off about 2%
** More than 30,000 shares change hands, 2.6x the 30-day avg
** Stock up 39% YTD, eyes fifth straight yearly gain
($1 = 85.4960 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of IL&FS Engineering and Construction ILFE.NS rise 5% to 43.1 rupees
** Stock on track for best one day pct gain since late-Oct
** Co gets sub-contract to part design and build elevated viaduct within Bhubaneswar Metro
** Deal from Ceigall India CEIG.NS worth 3.03 bln rupees ($35.4 mln); CEIG off about 2%
** More than 30,000 shares change hands, 2.6x the 30-day avg
** Stock up 39% YTD, eyes fifth straight yearly gain
($1 = 85.4960 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Ceigall India rises after unit executes agreement with NHAI
** Ceigall India CEIG.NS rises as much as 6.4% to 366 rupees
** Construction co's unit executes concession agreement with National Highways Authority of India for project with bid cost of 9.81 bln rupees ($115 mln)
** Stock on track to snap 5-day losing streak
** More than 705,000 shares traded, 2.2x the 30-day avg
** CEIG last up 4.1%; down ~5.8% since listing in August
($1 = 85.2475 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Ceigall India CEIG.NS rises as much as 6.4% to 366 rupees
** Construction co's unit executes concession agreement with National Highways Authority of India for project with bid cost of 9.81 bln rupees ($115 mln)
** Stock on track to snap 5-day losing streak
** More than 705,000 shares traded, 2.2x the 30-day avg
** CEIG last up 4.1%; down ~5.8% since listing in August
($1 = 85.2475 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
Ceigall India Says Arbitral Tribunal Directs GMADA To Pay 542.1 Million Rupees To Co
Dec 5 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA - ARBITRAL TRIBUNAL DIRECTED GMADA TO PAY 542.1 MILLION RUPEES TO CO
Source text: ID:nBSE8GgJSG
Further company coverage: CEIG.NS
(([email protected];))
Dec 5 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA - ARBITRAL TRIBUNAL DIRECTED GMADA TO PAY 542.1 MILLION RUPEES TO CO
Source text: ID:nBSE8GgJSG
Further company coverage: CEIG.NS
(([email protected];))
Ceigall India Sept-Quarter Consol Net Profit 673.2 Mln Rupees
Nov 5 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA SEPT-QUARTER CONSOL NET PROFIT 673.2 MILLION RUPEES
CEIGALL INDIA SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 7.72 BILLION RUPEES
Source text: ID:nBSE6nX0y4
Further company coverage: CEIG.NS
(([email protected];))
Nov 5 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA SEPT-QUARTER CONSOL NET PROFIT 673.2 MILLION RUPEES
CEIGALL INDIA SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 7.72 BILLION RUPEES
Source text: ID:nBSE6nX0y4
Further company coverage: CEIG.NS
(([email protected];))
Ceigall India Gets Letter Of Intent For Project Worth 1.43 Bln Rupees
Oct 4 (Reuters) - Ceigall India Ltd CEIG.NS:
GOT LETTER OF INTENT FOR PROJECT WORTH 1.43 BILLION RUPEES
Source text for Eikon: ID:nNSE4XyLC3
Further company coverage: CEIG.NS
(([email protected];;))
Oct 4 (Reuters) - Ceigall India Ltd CEIG.NS:
GOT LETTER OF INTENT FOR PROJECT WORTH 1.43 BILLION RUPEES
Source text for Eikon: ID:nNSE4XyLC3
Further company coverage: CEIG.NS
(([email protected];;))
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What does Ceigall India do?
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. It has diversified its geographical presence in construction, development and execution of major multi-lane highway projects with specialised structures in various states of India, including Punjab, Haryana, Rajasthan, Uttar Pradesh, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Delhi, Maharashtra and Bihar.
Who are the competitors of Ceigall India?
Ceigall India major competitors are HCC, PNC Infratech, Sterling and Wilson, Man InfraConstruct, Nirlon, H.G. Infra Engg., Ashoka Buildcon. Market Cap of Ceigall India is ₹5,222 Crs. While the median market cap of its peers are ₹4,689 Crs.
Is Ceigall India financially stable compared to its competitors?
Ceigall India seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Ceigall India pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Ceigall India latest dividend payout ratio is 3.85% and 3yr average dividend payout ratio is 3.69%
How has Ceigall India allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Ceigall India balance sheet?
Balance sheet of Ceigall India is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Ceigall India improving?
No, profit is decreasing. The profit of Ceigall India is ₹252 Crs for TTM, ₹294 Crs for Mar 2025 and ₹306 Crs for Mar 2024.
Is the debt of Ceigall India increasing or decreasing?
Yes, The net debt of Ceigall India is increasing. Latest net debt of Ceigall India is ₹1,045 Crs as of Sep-25. This is greater than Mar-25 when it was ₹130 Crs.
Is Ceigall India stock expensive?
Yes, Ceigall India is expensive. Latest PE of Ceigall India is 20.13, while 3 year average PE is 16.86. Also latest EV/EBITDA of Ceigall India is 12.8 while 3yr average is 10.59.
Has the share price of Ceigall India grown faster than its competition?
Ceigall India has given better returns compared to its competitors. Ceigall India has grown at ~7.87% over the last 1yrs while peers have grown at a median rate of -30.7%
Is the promoter bullish about Ceigall India?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Ceigall India is 82.06% and last quarter promoter holding is 82.06%.
Are mutual funds buying/selling Ceigall India?
The mutual fund holding of Ceigall India is decreasing. The current mutual fund holding in Ceigall India is 1.34% while previous quarter holding is 1.82%.
