Ceigall India rises on receiving LoI for procurement of 190 MW solar power in Maharashtra
Ceigall India is currently trading at Rs. 277.15, up by 2.95 points or 1.08% from its previous closing of Rs. 274.20 on the BSE.
The scrip opened at Rs. 280.85 and has touched a high and low of Rs. 281.85 and Rs. 276.70 respectively. So far 556 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 399.60 on 18-Sep-2024 and a 52 week low of Rs. 229.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 282.00 and Rs. 245.00 respectively. The current market cap of the company is Rs. 4776.70 crore.
The promoters holding in the company stood at 82.06%, while Institutions and Non-Institutions held 9.14% and 8.81% respectively.
Ceigall India has received a Letter of Intent (LoI) under Lot 1 MSKVY 2.0/ROUND 1 for procurement of solar power under Mukhyamantri Saur Krushi Vahini Yojana 2.0 for 190 MW from Maharashtra State Electricity Distribution Co (MSEDCL), against Tariff based Competitive Bid invited by (MSEDCL), for setting up of grid connecting solar power projects at multiple locations in state of Maharashtra.
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
