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Ceigall India Limited ( (IN:CEIGALL) ) has issued an announcement.
Ceigall India Limited has received a Letter of Award from the National Highways Authority of India for the development of a 6-lane Greenfield Southern Ludhiana Bypass as part of the Ludhiana-Ajmer Economic Corridor. This project, valued at Rs. 923 crore, is to be executed under the Hybrid Annuity Mode and marks a significant step for Ceigall in expanding its infrastructure footprint in Punjab. Previously awarded in 2022 but revoked due to site unavailability, this re-award indicates a renewed opportunity for Ceigall to strengthen its position in the infrastructure sector.
More about Ceigall India Limited
Ceigall India Limited operates in the infrastructure sector, focusing on the development and construction of highways and related projects. The company is involved in large-scale infrastructure projects, primarily in India, and aims to enhance connectivity and economic growth through its developments.
YTD Price Performance: -28.93%
Average Trading Volume: 12,722
Learn more about CEIGALL stock on TipRanks’ Stock Analysis page.