Ceigall India, teamed with JSP Projects, won a major contract from Greater Mohali Area Development Authority (GMADA) worth ₹509 crore. This project is for building internal roads in Aerotropolis, Mohali, covering civil, public health, and electrical work. • Ceigall India holds 80% of the project share, JSP Projects holds 20%. • The contract must be completed in 24 months. • The project cost includes 5% performance security and 5% retention as per contract terms. Just last week, Ceigall India was also the lowest bidder for a big solar power project in Madhya Pradesh, showing strong business momentum. Currently, Ceigall India shares are trading at ₹271.45, which is above the year’s low of ₹229 but below the high of ₹398. The company’s market value stands at around ₹4,728 crore. This contract win boosts Ceigall India’s order book and confirms its growing strength in infrastructure projects. It also signals confidence from government bodies in the company’s ability to deliver large projects on time and to quality standards. In short: Ceigall India is growing steadily with big projects, making it a company to watch in the infrastructure space!

#PersonalFinance#StockInNews#FundamentalViews#Pre-OpeningCommentary#EquityResearch

533 likes·68 comments