Ceigall wins INR 6.61 crore arbitration award from Punjab PWD
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 less than Nifty Microcap 250 and in line with 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.
An arbitral tribunal awarded Ceigall India INR 6.61 crore, plus 12 percent interest from 9 October 2025, in its dispute with Punjab Public Works Department over the Halwara IAF Station project. The department was also directed to release an INR 80 lakh bank guarantee.
Positive for shareholders: the award and guarantee release can improve finances and cash flow, although the payment timeline is not stated.