Ceigall India Ltd JV emerges L1 for order

Ceigall India Limited ('CIL') jointly with Rajinder Infrastructure Private Limited ('RIPL') [CIL - 70% & RIPL - 30% share in JV] has emerged as the L1 bidder in the financial bid opening for Tender ID: 2025_MoRTH_868318_1 dated 16 March, 2026 by the Ministry of Road Transport and Highways.

The tender is for Construction of road from km 17.812 to km 55.377 (Package-2) of Bile- Migging section (km 0.00 at Migging end) of NH913 (Frontier Highway) to Intermediate Lane on EPC mode in the State of Arunachal Pradesh.

The size of the order is Rs. 274.08 Crore (Bid Cost).

Shares of Ceigall India Limited was last trading in BSE at Rs. 266.45 as compared to the previous close of Rs. 272.05. The total number of shares traded during the day was 9204 in over 470 trades.

The stock hit an intraday high of Rs. 274.40 and intraday low of 263.90. The net turnover during the day was Rs. 2466004.00.

Source : Equity Bulls

Keywords

INE0AG901020 CeigallIndia CivilConstruction JV L1 OrderWin