Ceigall India Limited has informed the Exchange about General Updates

Business Updates View source PDF Explain this filing

CEIGALL · price

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Price reactionminutes from the announcement price · days from the prior close

-0.9%Reaction day

₹265.00

prior close

₹268.45

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-2.6%+1.7% vs market

Civil Construction peers, median of 83sector-3.6%+2.8% vs sector

On the reaction day the stock moved 1.7 pts more than Nifty Microcap 250 and 2.8 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.3

10m

+0.9

15m

+0.6

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9-2.6+1.7-3.6+2.8

Next day

-1.4-1.4-0.1-2.0+0.6

-0.4-2.2+1.8-4.3+3.9

-6.1-2.3-3.8-4.3-1.8

-3.4+2.2-5.6+0.8-4.1

-4.5+3.9-8.3+1.6-6.0

-1.7+6.6-8.3+4.7-6.4

15d

-5.8+9.5-15.4+5.6-11.5

-7.6+11.4-19.0+7.3-14.9

+2.6+13.8-11.2+10.6-7.9

-1.8+9.9-11.8+3.3-5.1

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 83Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Ceigall India Limited's subsidiary, Ceigall Southern Ludhiana Bypass Private Limited, has signed a Concession Agreement with the National Highways Authority of India (NHAI) on May 5, 2025. The project involves developing a 6-lane Greenfield Southern Ludhiana Bypass (25.24 km) in Punjab on Hybrid Annuity Mode (HAM), as part of the Ludhiana-Ajmer Economic Corridor. The bid price is INR 923 crore, with an estimated project cost of INR 864.97 crore and total bid project cost of INR 1,063.79 crore. The construction completion period is 24 months. This follows the earlier letter dated March 13, 2025, related to the Letter of Award.

Likely market impact

This is a positive development for shareholders, as it formalizes a major government-backed infrastructure project worth over INR 1,000 crore, adding to Ceigall India's order book and providing revenue visibility over the next 24 months.