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Ceigall India zooms 8.5% after securing massive solar and BESS award worth ₹1,700 Cr

News by Aliceblue News Desk

10 Feb 2026

Ceigall India zooms 8.5% after securing massive solar and BESS award worth ₹1,700 Cr

Introduction

Leading renewable energy company received a Letter of Award for a 220 MW solar project with integrated BESS at Morena Solar Park, Madhya Pradesh, valued at ₹1,700 crore.

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Share price movement of Ceigall India

On February 10, 2026, Ceigall India Ltd opened at ₹293.05, up 3.15% from its previous close of ₹284.10. The stock touched a high of ₹308.30 (8.57%) and a low of ₹293.05 (3.15%). By 11:46 AM, it traded at ₹296.95, a 4.52% increase, with a market capitalisation of ₹5,173.01 crore.

Ceigall India Wins ₹1,700 Crore Solar Project

Ceigall India Limited received a Letter of Award from Rewa Ultra Mega Solar Limited on February 9, 2026, for a 220 MW solar project at Morena Solar Park, Madhya Pradesh.

The project includes a 220 MW Solar Power Plant integrated with a Battery Energy Storage System (BESS), with a quoted tariff of ₹2.70 per kWh and total value of approximately ₹1,700 crore.

The construction period is 24 months, followed by a 25-year operational period, enhancing Madhya Pradesh’s renewable energy capacity and supporting India’s clean energy transition with improved grid stability.

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

Ceigall India Ltd delivered a 4.78% return over the past week, gained 16.4% over the past six months, and declined 2.77% over the past one year.

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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 Limited (NSE: CEIGALL) is an EPC company executing roads, bridges, flyovers, tunnels, and HAM projects, with a strong order book and diversified infrastructure presence in 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.

FAQs

Q: Why is Ceigall India Ltd share price rising today?

A: Ceigall India Ltd share price rose after winning a 220 MW solar project with BESS at Morena Solar Park, Madhya Pradesh, valued at ₹1,700 crore.

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

A: Ceigall India Ltd focuses on EPC projects and hybrid annuity model (HAM) projects, executing roads, bridges, flyovers, tunnels, and other infrastructure works.

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

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

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