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Ceigall India: Stock moves up after subsidiary emerges top bidder for ₹207 Cr Ludhiana infrastructure projects.

News by Aliceblue News Desk

18 Mar 2026

Ceigall India: Stock moves up after subsidiary emerges top bidder for ₹207 Cr Ludhiana infrastructure projects.

Introduction

Leading infrastructure firm subsidiary secures L1 position for two Ludhiana urban street projects worth ₹207 crore under Hybrid Annuity Model with defined construction and maintenance timelines.

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Share price movement of Ceigall India

On March 18, 2026, Ceigall India Ltd opened at ₹286.00, up 2.25% from its previous close of ₹279.70. The stock reached a high of ₹286.00 (2.25%) and a low of ₹279.00. By 4:00 PM, it traded at ₹281.71, a 0.72% increase, with a market cap of ₹4,904.74 crore.

Ceigall Infra Wins Punjab Projects

Ceigall Infra Projects Private Limited, a wholly owned subsidiary of Ceigall India Limited, emerged as the L1 bidder for two Punjab Infrastructure Development Board tenders on March 16, 2026.

The projects involve construction and development of world-class urban streets in Ludhiana under the Hybrid Annuity Model, covering Package 1 and Package 3 as per tender details.

The total bid value stands at ₹108 crore and ₹99 crore respectively, with an execution period of eight months construction and six years maintenance for both contracts.

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

Ceigall India Ltd delivered a 1-week return of 0.38%, a 6-month return of 0.80%, and a 1-year return of 15.4%.

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Shareholding pattern of Ceigall India

ParticularsDec 2025Sep 2025Jun 2025
Promoter82.10%82.10%82.10%
FII2.90%2.50%1.80%
DII5.10%5.70%7.30%
Public10.00%9.80%8.80%

About Ceigall India

Ceigall India Ltd (NSE: CEIGALL) is an infrastructure construction company founded in 2002, specializing in roads, bridges, flyovers, tunnels, highways, expressways, and runways.

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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.

FAQs

Q: Why is Ceigall India Ltd share price in focus today?

A: Ceigall India Ltd share price is in focus after subsidiary CIPPL emerged L1 bidder for Ludhiana projects worth ₹207 crore.

Q: What is Ceigall India Ltd’s main business focus?

A: Ceigall India Ltd focuses on infrastructure construction including roads, bridges, flyovers, tunnels, highways, expressways, and runway development projects.

Q: What are the 52-week high and low of Ceigall India Ltd stock?

A: Ceigall India Ltd stock has a 52-week high of ₹308.30 and a 52-week low of ₹223.00.

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