Ceigall India shares rise 4% on road project bid win
after close1 source ↓written by the desknot a recommendation
- after its subsidiary
- 4%
- road project
- ₹1,809 cr
- highway
- 48.1 km
- be completed
- 24 months
Shares of Ceigall India increased 4% after its subsidiary, Ceigall Infra Projects, was announced as the lowest bidder for a ₹1,809 cr road project in Madhya Pradesh. The project involves a 48.1 km highway under the Hybrid Annuity Model, to be completed in 24 months. This development may enhance investor sentiment and confidence in the company’s growth prospects.
Not investment advice. For informational purposes only.