HAM project gets Provisional Completion Certificate from NHAI

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CEIGALL · price

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

+0.2%Reaction day

₹392.15

prior close

₹388.30

announcement price

In-mkt

timing

Nifty Microcap 250market-1.7%+1.9% vs market

Civil Construction peers, median of 96sector-1.6%+1.9% vs sector

On the reaction day the stock moved 1.9 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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Reaction day

+0.2-1.7+1.9-1.6+1.9

Next day

-1.8-4.2+2.4-4.8+3.0

-4.2-5.2+1.0-6.0+1.8

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-3.6-5.5+1.8-7.1+3.5

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 96Pending

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AI summary

Ceigall India's subsidiary received a Provisional Completion Certificate from NHAI for its 4-lane Greenfield highway project on NH-152G in Haryana under Bharatmala Pariyojana Phase-I. The Hybrid Annuity Mode project, with a bid cost of Rs 684 Crore, was declared provisionally complete effective August 27, 2026, moving it into the operations phase and enabling annuity payments from NHAI.

Likely market impact

Completion triggers annuity payments from NHAI, supporting cash flows and reducing execution risk.