Ceigall India H1 bidder for Bihar stone mining lease worth Rs 214.52 Cr
CEIGALL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 1.3 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Ceigall India emerged as the H1 bidder for leasing of Stone Blocks in Nawada District Lot-4 (Bhadokhara, Block-D) from Government of Bihar, Department of Mines and Geological. Annual contract value is Rs 28.82 Crore with 20 percent yearly hike for 5 years. Total cumulative value is Rs 214.52 Crore excluding GST. Mining covers 4.19 lakh cum yearly minable reserve for 5 years. Domestic order, no promoter group interest, not a related party transaction.
Adds Rs 214.52 Cr revenue pipeline over 5 years from government mining contract, positive for order book visibility.