Ceigall India L1 bidder for Delhi PWD road contract worth Rs. 330.84 Cr

Govt Defence OrderOrder Above 5pct RevenueBusiness Updates View source PDF Explain this filing

CEIGALL · price

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

-1.2%Reaction day

₹396.55

prior close

₹393.70

announcement price

In-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+1.0%-2.2% vs market

Civil Construction peers, median of 98sector+0.0%-1.2% vs sector

On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 1.2 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 98Pending

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

AI summary

Ceigall India has emerged as the L1 (lowest) bidder for a road strengthening contract from Delhi Government's Public Works Department. The bid value is Rs. 330.84 Crores (including GST), about 29 percent above the estimated tender cost of Rs. 256.46 Crores. Scope covers strengthening and other works of roads under South Maintenance Zone during 2026-27, with a 375-day construction period plus 12 months defect liability and 48 months free maintenance. Domestic order, no related party interest.

Likely market impact

Positive for order book visibility; L1 status not yet a formal award, so execution confirmation awaited.