Ceigall India Bags ₹1,089 Cr MP Highway Project; Shares in Focus
Market
C
CNBC TV1829-12-2025, 08:24

Ceigall India Bags ₹1,089 Cr MP Highway Project; Shares in Focus

  • Ceigall India's subsidiary, Ceigall Infra Projects, secured a ₹1,089 crore highway project in Madhya Pradesh.
  • The project involves constructing the 48.10 km 'Indore Ujjain Greenfield' 4-lane highway on Hybrid Annuity Mode (HAM).
  • Awarded by Madhya Pradesh Road Development Corporation Ltd., the project is to be completed in 24 months.
  • Ceigall India has surpassed its FY26 order inflow target, with its total order book now at ₹14,237 crore.
  • Company shares were up 3.2% last Friday, despite being down 24% in 2025.

Why It Matters: Ceigall India secures a major ₹1,089 crore highway project in MP, boosting its order book.

More like this

Loading more articles...