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Ceigall India soars on emerging as L1 bidder for Rs 274.08 crore project in Arunachal Pradesh

The project construction period is 48 months, followed by a 5-year maintenance period

Ceigall India is currently trading at Rs. 271.00, up by 4.55 points or 1.71% from its previous closing of Rs. 266.45 on the BSE.

The scrip opened at Rs. 263.70 and has touched a high and low of Rs. 273.90 and Rs. 258.35 respectively. So far 16529 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 308.30 on 10-Feb-2026 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. 289.80 and Rs. 258.35 respectively. The current market cap of the company is Rs. 4720.95 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 jointly with Rajinder Infrastructure (RIPL) has emerged as the L1 bidder for project by the Ministry of Road Transport and Highways. The project is for the construction of road from km 17.812 to km 55.377 (Package-2) of Bile- Migging section (km 0.00 at Migging end) of NH913 (Frontier Highway) to Intermediate Lane on EPC mode in the State of Arunachal Pradesh.

The Bid project cost is Rs 274.08 crore. The project construction period is 48 months, followed by a 5-year maintenance period. The project will be executed through a joint venture in which the company holds a 70% share, while RIPL holds the remaining 30% share.

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.