18-09-2024 01:46 PM | Source: Accord Fintech
Ceigall India shines on emerging as L1 bidder for Uttar Pradesh project

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Ceigall India is currently trading at Rs. 395.95, up by 19.15 points or 5.08% from its previous closing of Rs. 376.80 on the BSE.

The scrip opened at Rs. 399.00 and has touched a high and low of Rs. 399.60 and Rs. 390.45 respectively. So far 89275 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 425.00 on 08-Aug-2024 and a 52 week low of Rs. 368.05 on 10-Sep-2024.

Last one week high and low of the scrip stood at Rs. 399.60 and Rs. 374.20 respectively. The current market cap of the company is Rs. 6922.90 crore.

Ceigall India has emerged as L1 bidder for establishing ‘Construction of 4/6 Lane Southern Ayodhya Bypass from km. 5.000 to km. 37.172 (starting near km. 112.540, ending at km. 153.281 of NH27) of total length of 32.172 km. on HAM basis under NHDP Ph-VII in the state of Uttar Pradesh’. 

National Highway Authority of India has called the tender for Construction of 4/6 Lane Southern Ayodhya Bypass and Ceigall India has been declared the L1 bidder with a bid project cost of Rs 1,299.20 crore.

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.