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Ceigall India rises on emerging as L1 bidder for tender invited by GMADA
Sep-15-2025

Ceigall India is currently trading at Rs. 273.20, up by 3.95 points or 1.47% from its previous closing of Rs. 269.25 on the BSE.

The scrip opened at Rs. 278.40 and has touched a high and low of Rs. 278.40 and Rs. 273.00 respectively. So far 16492 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 399.60 on 18-Sep-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. 287.00 and Rs. 267.80 respectively. The current market cap of the company is Rs. 4768.86 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 (L1) bidder in Financial Bid Opening for tender invited by Greater Mohali Area Development Authority (GMADA). The project is for development and construction of internal road networks within Pockets B, C, and D of Aerotropolis City, located in S.A.S Nagar. The scope of work includes comprehensive civil works for road infrastructure, along with allied public health services and electrical installations to support the urban infrastructure. 

Project cost is Rs 467.93 crore (Including GST). Awarded cost of project is Rs 509.20 crore (Including GST). Construction phase of project is 24 months. Defects liability period is 36 months after completion of the project.

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.

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