Ceigall wins Rs 5,300 cr LoI for transmission project from RECPDCL

Order above 5% of revenueGovernment or defence orderBusiness Updates View source PDF Explain this filing

CEIGALL · price

Loading chart…

▲ 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

+1.8%Reaction day

₹340.80

prior close

₹340.10

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+1.2% vs market

Civil Construction peers, median of 102sector+0.2%+1.6% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 1.6 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.8+0.6+1.2+0.2+1.6

Next day

+4.2+1.3+2.9+0.8+3.4

+8.8+1.7+7.1+0.2+8.7

+9.7+2.2+7.5+0.0+9.7

+10.4+2.1+8.3-0.6+11.0

+11.4+1.9+9.5-0.9+12.3

+12.4-1.3+13.7-3.3+15.7

15d

+13.1+1.3+11.7-3.2+16.3

+12.4-0.8+13.2-5.9+18.3

—————

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 102Pending

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

AI summary

Ceigall India received a Letter of Intent from REC Power Development and Consultancy (RECPDCL) for a Common Transmission System project involving a 765/400 kV AIS substation and 300 km transmission line. The project covers power evacuation from Lakadia Phase-II, Jam Khambhaliya Phase-II and Jamnagar Phase-I. Total project cost is around Rs 5,300 crores inclusive of GST, with annual transmission charges of Rs 608.67 crores for 35 years. Execution period is 36 months. Domestic order with no related party interest.

Likely market impact

Major order win worth Rs 5,300 cr signals strong long-term revenue visibility; positive for the stock