Ceigall India Shares Climb on Rs 704 Cr Arunachal Road Project
By ThePip Desk
Ceigall India’s stock rises 0.96% after its JV secures a significant Rs 704.70 crore road construction contract from MoRTH in Arunachal Pradesh.
Ceigall India shares ended the trading day up by 0.96%, closing at Rs 326.00 on the BSE, following the announcement of a significant new contract. The infrastructure firm’s joint venture secured a Letter of Acceptance from the Ministry of Road Transport & Highways (MoRTH) for a project valued at Rs 704.70 crore.
Market Performance Overview
- Current Price: Rs 326.00
- Daily Gain: 3.10 points (0.96%)
- Previous Close: Rs 322.90
- Day’s High/Low: Rs 338.95 / Rs 324.30
- Shares Traded: 46901
The scrip opened at Rs 332.35, demonstrating early market reaction to the contract news. This upward movement reflects investor confidence in the company’s operational pipeline and future revenue streams.
Key Contract Details
- Awarding Body: Ministry of Road Transport & Highways (MoRTH)
- Project Value: Rs 704.70 crore (excluding GST)
- Joint Venture: Ceigall India (74% stake), Sushee Infra & Mining (26% stake)
- Location: Lada-Sarli section of NH-913 (Frontier Highway), Arunachal Pradesh
- Construction Period: 48 months
- Maintenance Period: 5 years
The contract involves the construction of an intermediate lane road on an EPC (Engineering, Procurement, and Construction) mode. This substantial order highlights Ceigall India’s continued role in developing critical national infrastructure.
Company Metrics and Holdings
- Market Capitalisation: Rs 5,679.08 crore
- Promoter Holding: 82.06%
- Institutional Holding: 7.53%
- Non-Institutional Holding: 10.41%
- 52-Week High: Rs 405.00 (30-Jun-2026)
- 52-Week Low: Rs 223.00 (09-Dec-2025)
Ceigall India specialises in complex structural works such as elevated roads, flyovers, and highways, reinforcing its position in the infrastructure sector. The strong promoter holding underscores a stable ownership structure for the firm.