Ceigall India rises as its arm secures LoA for road project in Bihar
The bid project cost is around Rs 2,160 crore
Ceigall India is currently trading at Rs. 299.45, up by 2.85 points or 0.96% from its previous closing of Rs. 296.60 on the BSE.
The scrip opened at Rs. 299.00 and has touched a high and low of Rs. 301.60 and Rs. 297.95 respectively. So far 322 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. 308.30 and Rs. 279.45 respectively. The current market cap of the company is Rs. 5166.92 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’s wholly owned subsidiary -- Ceigall Infra Projects has received a Letter of Award (LOA) from the National Highways Authority of India (NHAI) for the construction of a fourlane highway project in the state of Bihar under the Hybrid Annuity Mode (HAM). The project involves the construction of four-laning of the Sahebganj–Areraj–Bettiah section of NH139W, with a total length of 78.942 km, comprising Section 1: Sahebganj to Areraj (38.362 km) and Section 2: Areraj to Bettiah (40.580 km).
The bid project cost is around Rs 2,160 crore, and the project will be executed under the Hybrid Annuity Model. The construction period is 730 days, followed by a 15-year operation and maintenance (O&M) period. This strategically important highway corridor is expected to significantly improve regional connectivity in Bihar, enhance road safety, and facilitate faster movement of goods and passengers, thereby supporting economic development in the region.
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.

