Ceigall India bags Rs 274 Cr road construction order in Arunachal Pradesh

Govt Defence OrderBusiness Updates View source PDF Explain this filing

CEIGALL · price

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

+2.3%Reaction day

₹308.05

prior close

₹312.15

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+2.8% vs market

Civil Construction peers, median of 96sector-0.8%+3.1% vs sector

On the reaction day the stock moved 2.8 pts more than Nifty Microcap 250 and 3.1 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

+1.0

10m

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15m

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30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.3-0.6+2.8-0.8+3.1

Next day

+1.7-0.1+1.7-0.7+2.4

+2.3+0.2+2.1-0.5+2.8

+4.6+0.4+4.2-0.8+5.5

+5.5+0.0+5.5-1.2+6.7

+10.3+0.6+9.7-0.3+10.6

+10.7+0.7+10.0-1.7+12.4

15d

+22.2+1.5+20.7-3.5+25.6

+23.1+0.2+22.9-4.8+27.9

+27.6-3.7+31.3-9.0+36.6

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 96Pending

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

AI summary

Ceigall India (70%) along with Rajinder Infrastructure (30%) in a JV has received a Letter of Acceptance from Ministry of Road Transport & Highways for road construction from km 17.812 to km 55.377 of NH-913 Frontier Highway in Arunachal Pradesh on EPC mode. The order is valued at Rs 274.08 Crore (excluding GST) with a 48-month construction period and 5-year maintenance period.

Likely market impact

New government order strengthens order book; supports steady revenue visibility over the next 4-5 years.