Ceigall India declared L1 bidder for power transmission project

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF Explain this filing

CEIGALL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+4.5%Reaction day

₹325.00

prior close

₹339.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+3.9% vs market

Civil Construction peers, median of 101sector+0.2%+4.3% vs sector

On the reaction day the stock moved 3.9 pts more than Nifty Microcap 250 and 4.3 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

+1.1

10m

+0.0

15m

-0.1

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.5+0.6+3.9+0.2+4.3

Next day

+4.9+0.4+4.5-0.4+5.3

+4.9+0.7+4.2-0.2+5.1

+5.1+1.0+4.1-1.0+6.1

+6.2-0.0+6.2-1.8+7.9

+4.9-0.6+5.5-2.1+7.0

+9.2+0.7+8.5-0.3+9.5

15d

+19.9-1.2+21.1-4.5+24.4

+16.5-0.9+17.4-4.9+21.4

+16.1-9.0+25.1-13.9+29.9

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 101Pending

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

AI summary

Ceigall India emerged as L1 bidder for a power transmission project awarded by REC Power Development and Consultancy Limited. The project involves building a 765/400 kV substation with 300 km transmission line in Gujarat and Maharashtra for power evacuation from Lakadia, Jam Khambhaliya, and Jamnagar. Annual transmission charges are Rs. 6,086.70 million for 35 years, with 36 months execution period.

Likely market impact

Major 35-year order with Rs. 6,086.70 million annual transmission charges strengthens long-term revenue visibility.