Ceigall India Limited has informed the Exchange about Bagging/Receiving of orders/contracts

Govt 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

-1.1%Reaction day

₹279.00

prior close

₹285.90

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+2.7%-3.8% vs market

Civil Construction peers, median of 93sector+2.2%-3.2% vs sector

On the reaction day the stock moved 3.8 pts less than Nifty Microcap 250 and 3.2 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-1.4

15m

-1.0

30m

-1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.1+2.7-3.8+2.2-3.2

Next day

-1.8-0.2-1.6-0.2-1.6

-3.2+0.7-3.9-0.1-3.1

-5.0-4.0-1.0-5.1+0.1

-4.1-1.2-2.9-2.9-1.2

-2.5+1.1-3.6-1.7-0.8

-3.8-4.6+0.8-9.0+5.2

15d

+6.7+8.3-1.6+8.8-2.1

+10.1+13.1-2.9+13.8-3.7

+19.2+14.9+4.3+9.6+9.6

+36.2+25.8+10.4+13.3+22.9

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 93Pending

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

AI summary

Ceigall India's wholly owned subsidiary, Ceigall Infra Projects Private Limited (CIPPL), has emerged as the L1 bidder for two tenders floated by the Punjab Infrastructure Development Board. The contracts are for construction and development of World Class Urban Streets in Ludhiana on a Hybrid Annuity Model (HAM) basis — Package 1 valued at Rs. 108 Crore and Package 3 valued at Rs. 99 Crore, totalling Rs. 207 Crore. Each project has an 8-month construction period followed by a 6-year maintenance period. The orders are domestic in nature and are not related party transactions.

Likely market impact

This is a positive development as it strengthens the company's order book with two government-backed infrastructure projects. HAM-based contracts typically offer steady annuity revenue over the maintenance period, supporting long-term cash flow visibility. Investors may view this as a constructive addition to the company's pipeline, though the L1 status is still subject to formal award and contract finalisation.