Ceigall India shares soar 6% after bagging ₹1,089 Cr highway projectCeigall India shares soar 6% after bagging ₹1,089 Cr highway project

Introduction

Leading infrastructure firm received LOA from MPRDC for ₹1,089 crore Indore–Ujjain Greenfield highway project under HAM to enhance regional connectivity, reduce traffic congestion, and support safe, high-speed vehicular movement.

Also Read: AVG Logistics inches up 8% after signing MoU with Baidyanath LNG to promote in Indian transportation

Share price movement of Ceigall India

On December 29, 2025, Ceigall India Ltd opened at ₹271.95, up 4.64% from its previous close of ₹259.85. The stock reached a high of ₹273.70 (5.33%) and a low of ₹265.00. By 11:10 AM, it traded at ₹266.60, up 2.60%, with a market capitalization of ₹4,644.30 crore.

Ceigall India Wins Indore-Ujjain Project

Ceigall Infra Projects, subsidiary of Ceigall India, received a Letter of Award from MPRDC for construction of Indore-Ujjain Greenfield four-lane highway under Hybrid Annuity Mode.

The project spans 48.10 km, including the Simhastha bypass, with a bid cost of ₹1,089 crore. Execution will be completed over 24 months from appointment.

Ceigall Infra Projects will construct highway infrastructure under HAM guidelines. The project aims to improve regional connectivity, ease traffic congestion, and enhance access to economic and religious hubs in Madhya Pradesh.

Stock performance of Ceigall India for Period of 1 week, 6 months, and 1 year

Ceigall India Ltd delivered a 5.34% return over the past week, declined 5.02% in the past six months, and dropped 25.5% over the past one year.

Also Read: AGI Infra shares rise after receiving RERA nod for Urbana Square project in Punjab

Shareholding pattern of Ceigall India

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	82.10%	82.10%	82.10%
FII	2.50%	1.80%	1.50%
DII	5.70%	7.30%	8.20%
Public	9.80%	8.80%	8.30%

About Ceigall India

Ceigall India Limited (NSE: CEIGALL) is an EPC company specializing in highways, bridges, flyovers, tunnels, and runways, executing projects under both EPC and Hybrid Annuity Model (HAM) frameworks across India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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