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CEIGALLNSECeigall India Limited· ConstructionHighPositive
Announced Thu, 12 Feb, 2026 · 08:32 IST

Ceigall India Limited has informed the Exchange regarding a press release dated February 12, 2026, titled "Ceigall Infra Secures ₹2,160 Crore NHAI HAM Road Project in Bihar".

Order above 5% of revenueGovernment or defence orderBusiness Updates View source PDFExplain 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
₹295.80
prior close
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announcement price
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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.5%+1.6% vs market
Civil Construction peers, median of 97sector-0.8%+1.9% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 1.9 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.

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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, has received a Letter of Award from NHAI for a ₹2,160 crore highway project in Bihar. The work involves four-laning the 78.942 km Sahebganj–Areraj–Bettiah section of NH-139W under the Hybrid Annuity Model (HAM). The construction period is 730 days, followed by a 15-year operation and maintenance phase. The LOA was dated February 11, 2026, and management highlighted this as a strategic addition to the company's order book, aligned with the PM Gati Shakti infrastructure vision.

Likely market impact

A significant order win that strengthens Ceigall's order book and provides long-term revenue visibility through the HAM annuity structure, which typically offers predictable cash flows. Positive signal for the company's growth pipeline and execution track record in national highway projects.