Ceigall India Ltd Share Price – NSE  / BSE

Infrastructure Developers & Operators, Small Cap

The key equity benchmarks traded with modest losses in mid-morning trade as investors stayed cautious amid FII selling. The Nifty traded below the 26,000 level. Realty shares tumbled for second consecutive trading session.

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The market breadth was weak. On the BSE, 1,472 shares rose and 2,550 shares fell. A total of 232 shares were unchanged.

Buzzing Index:

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Anant Raj (down 2.37%), Phoenix Mills (down 0.82%), Prestige Estates Projects (down 0.71%), SignatureGlobal India (down 0.51%), DLF (down 0.46%), Lodha Developers (down 0.45%), Brigade Enterprises (down 0.41%) and Sobha (down 0.36%) declined.

Stocks in Spotlight:

Ceigall India rallied 2.29% after the company?s subsidiary, Ceigall Infra Projects has received a LoA from Madhya Pradesh Road Development Corporation for the construction of the Indore?Ujjain access-controlled four-lane greenfield highway.

Vikran Engineering surged 5.31% after it has secured letter of awards (LoA) from M.P. Urja Vikas Nigam for the implementation of power plants with a total capacity of 45.75 MW AC in Vidisha, Madhya Pradesh.

Jindal Steel advanced 1.86% after the company announced a significant expansion of its structural steel manufacturing capabilities at its Raigarh facility. This expansion would double the company?s existing structural steel capacity from 1.2 million tonnes per annum (MTPA) to 2.4 MTPA by mid 2028.

Global Markets:

Most Asian markets advanced on Monday as investors kicked off the final trading week of the year.

Prices of spot silver rose to a fresh record high of above $80 per ounce before pulling back sharply to $77. Silver?s recent surge was driven by speculative buying and lingering supply tightness, said experts.

Media report further stated silver?s rally this year reflects a depletion of freely traded inventory, amplifying price moves as demand increases.

On Friday stateside, the S&P 500 reached a new high and posted weekly gains as traders came back from the Christmas holiday.

The broad market index closed down 0.03% to end at 6,929.94. At its high, the S&P 500 was up 0.2%, reaching 6,945.77. The Nasdaq Composite slipped 0.09% and closed at 23,593.10. The Dow Jones Industrial Average fell 20.19 points, or 0.04%, and settled at 48,710.97.

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The project involves development of a 48.10-km highway, including the Simhastha bypass, at a bid project cost of Rs 1,089 crore. The construction is scheduled to be completed within 24 months from the date of appointment.

Ceigall will undertake construction of the highway infrastructure in line with HAM guidelines, aimed at improving connectivity between Indore and Ujjain, easing traffic congestion and enabling safe, efficient and high-speed travel to key economic and religious centres in Madhya Pradesh.

This LOA further strengthens Ceigall?s robust order book in the roads and highways segment and underscores its growing footprint in executing large-scale hybrid annuity projects for state road development authorities. The project aligns with Ceigall?s long-term strategy of contributing to India?s infrastructure growth through sustainable, efficient and future-ready transportation corridors.

Commenting on the development, Ramneek Sehgal, chairman & MD, Ceigall India, said, ?The Indore?Ujjain Greenfield Highway is a strategically important infrastructure project for Madhya Pradesh. Receiving this LOA from MPRDC reinforces our strong execution capabilities in complex HAM projects and our commitment to building high-quality road infrastructure. We look forward to delivering this project with a focus on safety, durability and timely execution.?

Ceigall India is an infrastructure engineering, procurement, and construction (EPC) company undertaking specialized structural works such as elevated roads, flyovers, bridges, railway overbridges, tunnels, highways, expressways, and runways. The principal business operations are broadly divided into EPC projects and hybrid annuity model (HAM) projects.

On a consolidated basis, net profit of Ceigall India declined 13.86% to Rs 57.99 crore while net sales rose 4.45% to Rs 806.57 crore in Q2 September 2025 over Q2 September 2024.

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Ceigall Infra Projects, wholly owned subsidiary of Ceigall India, has received a Letter of Award (LOA) from Madhya Pradesh Road Development Corporation (MPRDC) for the construction of the Indore-Ujjain Greenfield (Access Control) four-lane highway with paved shoulders, to be executed under the Hybrid Annuity Mode (HAM).

The project involves development of a 48.10 km-long access-controlled greenfield highway, starting from Km 0.000 near Pitra Parvat and terminating at Km 48.100, including the Simhastha bypass (Km 2.600). The project has been awarded at a Bid Project Cost of Rs 1,089 crore and is to be executed over a period of 24 months from the date of appointment.

Under the scope of work, Ceigall Infra Projects will be responsible for the construction of the highway infrastructure in accordance with HAM guidelines, aimed at improving regional connectivity between Indore and Ujjain while supporting safe, efficient and high-speed vehicular movement. The project is expected to play a critical role in easing traffic congestion and enhancing access to key economic and religious hubs in Madhya Pradesh.

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Ceigall Infra Projects, a wholly owned subsidiary of Ceigall India, has emerged as the L1 bidder in the financial bid from Madhya Pradesh Road Development Corporation for ?Construction of Indore Ujjain Green field (Access Control) 4 lane with paved shoulder project highway (length 48.10 Km.) Starting from Km. 0.000 near Pitra Parvat and terminating at Km. 48.100 (Simhastha bypass km 2.600) on Hybrid Annuity Mode (HAM). The bid project cost is Rs 1089 crore.

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