Ceigall India Ltd jointly with SAM India Builtwell Pvt Ltd declared L1 by Jaipu Metro Rail Corporation Ltd

Ceigall India Limited ['CIL'] jointly with SAM India Builtwell Pvt. Ltd. ['SAM'] has been declared as L-1 bidder by Jaipur Metro Rail Corporation Ltd in a joint venture bidding. CIL has 74% share and SAM has 26% share in Joint Venture for this project.

The scope of the project is Design and Construction of Elevated Viaduct and Ten Elevated Stations viz. Prahladpura, Manpura, Bilwa Kalan, Bilwa, Goner Mod, Sitapura, JECC, Kumbha Marg, Haldighati Gate and Pinjrapole Gaushala (excluding Architectural finishing) from Chainage -600 m to 11400 m including spur line towards Depot of Jaipur Metro Phase-II MRTS.

The Bid Cost is Rs. 918.04 Crores.

Shares of Ceigall India Limited was last trading in BSE at Rs. 278.70 as compared to the previous close of Rs. 277.60. The total number of shares traded during the day was 38066 in over 607 trades.

The stock hit an intraday high of Rs. 284.10 and intraday low of 275.05. The net turnover during the day was Rs. 10659600.00.

Source : Equity Bulls

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