Ceigall India
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Ceigall India jointly with Sushee Infra & Mining Limited was named the lowest (L1) bidder on 8 July 2026 for a ₹704.70 crore road project from the Ministry of Road Transport and Highways. The joint venture, in which Ceigall holds a 74% share, will construct a section of NH-913 (Frontier Highway) in Arunachal Pradesh on an engineering procurement construction basis. The work covers the Lada-Sarli stretch and includes a 48-month construction period followed by a five-year maintenance phase.
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Ceigall India jointly with Sushee Infra & Mining Limited was named the lowest (L1) bidder on 8 July 2026 for a ₹704.70 crore road project from the Ministry of Road Transport and Highways. The joint venture, in which Ceigall holds a 74% share, will construct a section of NH-913 (Frontier Highway) in Arunachal Pradesh on an engineering procurement construction basis. The work covers the Lada-Sarli stretch and includes a 48-month construction period followed by a five-year maintenance phase.
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July 8 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA - JV EMERGES AS L1 BIDDER FOR MINISTRY OF ROAD TRANSPORT AND HIGHWAYS TENDER
CEIGALL INDIA LTD - L1 BIDDER FOR CONTRACT VALUED AT 7.05 BILLION RUPEES
Source text: ID:nBSE1LfmCF
Further company coverage: CEIG.NS
(([email protected];;))
July 8 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA - JV EMERGES AS L1 BIDDER FOR MINISTRY OF ROAD TRANSPORT AND HIGHWAYS TENDER
CEIGALL INDIA LTD - L1 BIDDER FOR CONTRACT VALUED AT 7.05 BILLION RUPEES
Source text: ID:nBSE1LfmCF
Further company coverage: CEIG.NS
(([email protected];;))
Ceigall India emerged as the lowest bidder (L1) on 29 June 2026 for a Public Works Department, Delhi government tender worth an estimated ₹256.46 crore. The company’s bid stood at ₹330.84 crore, including GST, approximately 29% above the initial estimate. The project involves strengthening and other works for various roads under the South Maintenance Zone in Delhi during 2026-27, with a construction period of 375 days and a 12-month defect liability period followed by 48 months of free maintenance. The item-rate contract was awarded through a domestic bidding process, and the promoter group has no interest in the awarding entity.
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Ceigall India emerged as the lowest bidder (L1) on 29 June 2026 for a Public Works Department, Delhi government tender worth an estimated ₹256.46 crore. The company’s bid stood at ₹330.84 crore, including GST, approximately 29% above the initial estimate. The project involves strengthening and other works for various roads under the South Maintenance Zone in Delhi during 2026-27, with a construction period of 375 days and a 12-month defect liability period followed by 48 months of free maintenance. The item-rate contract was awarded through a domestic bidding process, and the promoter group has no interest in the awarding entity.
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June 30 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA - EXECUTES PPA WITH REWA ULTRA MEGA SOLAR FOR 220 MW AT MORENA SOLAR PARK
CEIGALL INDIA - TARIFF QUOTED AT 2.70 RUPEES/KWH, PROJECT VALUE 17 BILLION RUPEES
Source text: ID:nBSE5PspDT
Further company coverage: CEIG.NS
(([email protected];))
June 30 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA - EXECUTES PPA WITH REWA ULTRA MEGA SOLAR FOR 220 MW AT MORENA SOLAR PARK
CEIGALL INDIA - TARIFF QUOTED AT 2.70 RUPEES/KWH, PROJECT VALUE 17 BILLION RUPEES
Source text: ID:nBSE5PspDT
Further company coverage: CEIG.NS
(([email protected];))
June 4 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA - EXECUTION OF SHARE PURCHASE AGREEMENT
Source text: ID:nBSE65Fghn
Further company coverage: CEIG.NS
(([email protected];))
June 4 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA - EXECUTION OF SHARE PURCHASE AGREEMENT
Source text: ID:nBSE65Fghn
Further company coverage: CEIG.NS
(([email protected];))
May 13 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - SELECTED FOR 100 MW BATTERY ENERGY STORAGE SYSTEMS IN PUNJAB
CEIGALL INDIA LTD - PROJECT COST ABOUT 2.50 BILLION RUPEES
Source text: ID:nBSE3dCXDt
Further company coverage: CEIG.NS
(([email protected];))
May 13 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - SELECTED FOR 100 MW BATTERY ENERGY STORAGE SYSTEMS IN PUNJAB
CEIGALL INDIA LTD - PROJECT COST ABOUT 2.50 BILLION RUPEES
Source text: ID:nBSE3dCXDt
Further company coverage: CEIG.NS
(([email protected];))
May 7 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA MARCH-QUARTER CONSOL NET PRFOIT 1.27 BILLION RUPEES
CEIGALL INDIA LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 13.87 BILLION RUPEES
Source text: ID:nnAZN4SUUKW
Further company coverage: CEIG.NS
(([email protected];;))
May 7 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA MARCH-QUARTER CONSOL NET PRFOIT 1.27 BILLION RUPEES
CEIGALL INDIA LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 13.87 BILLION RUPEES
Source text: ID:nnAZN4SUUKW
Further company coverage: CEIG.NS
(([email protected];;))
May 4 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - RECEIVES LETTER OF ACCEPTANCE FROM WATER RESOURCES DEPARTMENT, PUNJAB
CEIGALL INDIA - CONTRACT SIZE IS 1.4 MILLION RUPEES
Source text: ID:nNSE7K1gf
Further company coverage: CEIG.NS
(([email protected];;))
May 4 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - RECEIVES LETTER OF ACCEPTANCE FROM WATER RESOURCES DEPARTMENT, PUNJAB
CEIGALL INDIA - CONTRACT SIZE IS 1.4 MILLION RUPEES
Source text: ID:nNSE7K1gf
Further company coverage: CEIG.NS
(([email protected];;))
March 27 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - GETS CONTRACT VALUED AT 6.03 BILLION RUPEES
Source text: ID:nBSEc66c4z
Further company coverage: CEIG.NS
(([email protected];))
March 27 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - GETS CONTRACT VALUED AT 6.03 BILLION RUPEES
Source text: ID:nBSEc66c4z
Further company coverage: CEIG.NS
(([email protected];))
March 25 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - AUTHORISES NON-BINDING OFFER FOR 100% EQUITY SALE IN SUBSIDIARIES
CEIGALL INDIA LTD - PROPOSED SALE INVOLVES CEIGALL JALBEHRA SHAHBAD AND BATHINDA DABWALI HIGHWAYS SUBSIDIARIES
Source text: ID:nBSE6fv2BX
Further company coverage: CEIG.NS
(([email protected];))
March 25 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - AUTHORISES NON-BINDING OFFER FOR 100% EQUITY SALE IN SUBSIDIARIES
CEIGALL INDIA LTD - PROPOSED SALE INVOLVES CEIGALL JALBEHRA SHAHBAD AND BATHINDA DABWALI HIGHWAYS SUBSIDIARIES
Source text: ID:nBSE6fv2BX
Further company coverage: CEIG.NS
(([email protected];))
March 24 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - TENDERS AGGREGATING TO 2.07 BILLION RUPEES GIVEN TO CO CANCELLED BY PUNJAB GOVERNMENT
Source text: ID:nNSE4CCFsV
Further company coverage: CEIG.NS
(([email protected];))
March 24 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - TENDERS AGGREGATING TO 2.07 BILLION RUPEES GIVEN TO CO CANCELLED BY PUNJAB GOVERNMENT
Source text: ID:nNSE4CCFsV
Further company coverage: CEIG.NS
(([email protected];))
March 20 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - INFRA PROJECTS EMERGES AS L1 BIDDER FOR NHAI TENDER, ORDER SIZE IS 6.03 BILLION RUPEES
Source text: ID:nNSE5YCl52
Further company coverage: CEIG.NS
(([email protected];))
March 20 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - INFRA PROJECTS EMERGES AS L1 BIDDER FOR NHAI TENDER, ORDER SIZE IS 6.03 BILLION RUPEES
Source text: ID:nNSE5YCl52
Further company coverage: CEIG.NS
(([email protected];))
** Shares of Ceigall India CEIG.NS rise as much as 2.8% to a one-week high of 286.80 rupees
** Infrastructure co's unit emerges as lowest bidder for two tenders by the Punjab Infrastructure Development Board
** Total orders worth 2.07 billion rupees ($22.39 million) for construction and development of urban street in Ludhiana
** YTD, CEIG up about 5%
($1 = 92.4400 Indian rupees)
(Reporting by Brijesh Patel in Bengaluru)
(([email protected]; Ph no. +91 9590227221;))
** Shares of Ceigall India CEIG.NS rise as much as 2.8% to a one-week high of 286.80 rupees
** Infrastructure co's unit emerges as lowest bidder for two tenders by the Punjab Infrastructure Development Board
** Total orders worth 2.07 billion rupees ($22.39 million) for construction and development of urban street in Ludhiana
** YTD, CEIG up about 5%
($1 = 92.4400 Indian rupees)
(Reporting by Brijesh Patel in Bengaluru)
(([email protected]; Ph no. +91 9590227221;))
March 17 (Reuters) - Ceigall India Ltd CEIG.NS:
INFRA PROJECTS EMERGES AS L1 BIDDER FOR TWO TENDERS ON MARCH 16, 2026
ORDERS WORTH 1.08 BILLION RUPEES AND 990 MILLION RUPEES
Source text: ID:nBSE6Q2P2m
Further company coverage: CEIG.NS
(([email protected];;))
March 17 (Reuters) - Ceigall India Ltd CEIG.NS:
INFRA PROJECTS EMERGES AS L1 BIDDER FOR TWO TENDERS ON MARCH 16, 2026
ORDERS WORTH 1.08 BILLION RUPEES AND 990 MILLION RUPEES
Source text: ID:nBSE6Q2P2m
Further company coverage: CEIG.NS
(([email protected];;))
March 16 (Reuters) - Ceigall India Ltd CEIG.NS:
JV EMERGES AS L1 BIDDER FOR MINISTRY OF ROAD TRANSPORT TENDER
BID COST FOR CONTRACT IS 2.74 BILLION RUPEES
Source text: ID:nBSE35LQQT
Further company coverage: CEIG.NS
(([email protected];;))
March 16 (Reuters) - Ceigall India Ltd CEIG.NS:
JV EMERGES AS L1 BIDDER FOR MINISTRY OF ROAD TRANSPORT TENDER
BID COST FOR CONTRACT IS 2.74 BILLION RUPEES
Source text: ID:nBSE35LQQT
Further company coverage: CEIG.NS
(([email protected];;))
March 12 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - JV EMERGES L1 BIDDER FOR THREE MORE ROAD PROJECTS
CEIGALL INDIA - BECOMES L1 BIDDER WITH BID COSTS 6.11 BILLION RUPEES, 5.25 BILLION RUPEES, 4.93 BILLION RUPEES
Source text: ID:nBSE1jdHsh
Further company coverage: CEIG.NS
(([email protected];;))
March 12 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - JV EMERGES L1 BIDDER FOR THREE MORE ROAD PROJECTS
CEIGALL INDIA - BECOMES L1 BIDDER WITH BID COSTS 6.11 BILLION RUPEES, 5.25 BILLION RUPEES, 4.93 BILLION RUPEES
Source text: ID:nBSE1jdHsh
Further company coverage: CEIG.NS
(([email protected];;))
March 11 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - JV EMERGES AS L1 BIDDER FOR MINISTRY OF ROAD TRANSPORT TENDER
CEIGALL INDIA LTD - BID COST FOR CONTRACT IS 5.21 BILLION RUPEES
Source text: ID:nBSE2MCHVW
Further company coverage: CEIG.NS
(([email protected];))
March 11 (Reuters) - Ceigall India Ltd CEIG.NS:
CEIGALL INDIA LTD - JV EMERGES AS L1 BIDDER FOR MINISTRY OF ROAD TRANSPORT TENDER
CEIGALL INDIA LTD - BID COST FOR CONTRACT IS 5.21 BILLION RUPEES
Source text: ID:nBSE2MCHVW
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];))
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 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];))
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];))
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 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
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];))
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];))
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];;))
** 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];))
** 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)
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]))
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];))
** 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;))
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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 Transrail Lighting, ISGEC Heavy Engg., PNC Infratech, Dilip Buildcon, HCC, GE Power India, Nirlon. Market Cap of Ceigall India is ₹6,415 Crs. While the median market cap of its peers are ₹6,098 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?
The profit is oscillating. The profit of Ceigall India is ₹309 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 ₹931 Crs as of Mar-26. 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 20.57, while 3 year average PE is 17.38. Also latest EV/EBITDA of Ceigall India is 12.55 while 3yr average is 10.9.
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 ~42.33% over the last 1yrs while peers have grown at a median rate of -15.67%
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 increasing. The current mutual fund holding in Ceigall India is 1.58% while previous quarter holding is 1.34%.