Stock Report

Ceigall India JV Secures Four NH-913 Road Projects Worth Rs 2,150 Cr



Posted On : 2026-03-12 22:36:39( TIMEZONE : IST )

Ceigall India JV Secures Four NH-913 Road Projects Worth Rs 2,150 Cr

Ceigall India Limited, through its joint venture with Sushee Infra & Mining Limited (74:26 share), emerged as L1 bidder for four EPC road contracts from Ministry of Road Transport and Highways on March 11, 2026.

Project Portfolio Details

- Sarli-Huri section (km 0-78.38, NH-913): Rs 611.10 crore, 36-month construction + 5-year maintenance.

- Huri-Taliha section (km 55.725-113.25, NH-913): Rs 525 crore, 48-month construction + 5-year maintenance.

- Huri-Taliha section (km 160.75-209.90, NH-913): Rs 492.52 crore, 36-month construction + 5-year maintenance.

Strategic Order Win

Aggregating Rs 2,149.62 crore alongside the previously disclosed Huri-Taliha (km 0-55.725) Rs 521 crore project, these domestic Frontier Highway contracts in Arunachal Pradesh carry no related party interests.

Shares of Ceigall India Limited was last trading in BSE at Rs. 272.05 as compared to the previous close of Rs. 276.90. The total number of shares traded during the day was 37082 in over 2379 trades.

The stock hit an intraday high of Rs. 278.00 and intraday low of 263.45. The net turnover during the day was Rs. 9986781.00.

Source : Equity Bulls

Keywords

INE0AG901020 CeigallIndia CivilConstruction JV OrderWin