11 Oct 2025

Ceigall India Shares Rise After Winning Rs 6.61 Crore Arbitration Award

Ceigall India’s stock was trading at RS 261.85, up by 0.85 points or 0.33% from its previous close of RS 261.00 on the BSE.

The stock opened at RS 259.05 and touched an intraday high of RS 263.95 and a low of RS 259.05. A total of 7,396 shares were traded during the session.

The BSE Group ‘B’ stock, with a face value of RS 5, has recorded a 52-week high of RS 394.00 (on 11-Oct-2024) and a 52-week low of RS 229.00 (on 07-Apr-2025). Over the past week, the stock’s high and low stood at RS 273.70 and RS 259.05 respectively. The company’s current market capitalization stands at RS 4,565.04 crore.

Promoter shareholding in the company is 82.06%, while institutions and non-institutions hold 9.14% and 8.81% respectively.

Ceigall India recently received an Arbitration Award worth RS 6.61 crore along with 12% annual interest effective from 9 October 2025, granted by the Honourable Arbitral Tribunal. The award pertains to the company’s project for ‘Construction of Internal Roads, Estate Public Health Services & Campus Lighting at the Interim Airport Terminal, Halwara IAF Station, District Ludhiana (EPC Mode).’

Additionally, the Punjab Public Works Department has been directed to release a Bank Guarantee of RS 80 lakh earlier provided by the company. This decision is expected to positively impact Ceigall India’s financials and reinforce its standing as a trusted EPC partner in India’s infrastructure sector.

Ceigall India is a leading infrastructure construction firm, specializing in elevated roads, flyovers, bridges, railway overbridges, tunnels, highways, expressways, and runways.