Mumbai, February 10, 2026 (Udaipur Kiran): Shares of Ceigall India Limited moved sharply higher on Tuesday after the company announced that it has secured a Letter of Award (LoA) for a solar project in Madhya Pradesh.
The stock was trading at ₹298.00 on the BSE, up ₹13.90 or 4.89 per cent from its previous close of ₹284.10. It opened at ₹293.05 and touched an intraday high of ₹308.30 and a low of ₹293.05. A total of 1,27,347 shares were traded on the counter so far.
The BSE Group ‘B’ stock, with a face value of ₹5, touched a 52-week high of ₹308.30 on February 10, 2026, and a 52-week low of ₹223.00 on December 9, 2025. Over the past one week, the stock moved between a high of ₹308.30 and a low of ₹272.00. The company’s market capitalisation stood at ₹5,177.37 crore.
Promoters hold 82.06 per cent stake in the company, while institutional investors and non-institutional investors hold 7.98 per cent and 9.97 per cent respectively.
Ceigall India said it has received the LoA from Rewa Ultra Mega Solar for the development of Unit 1 with a capacity of 220 MW at the Morena Solar Park in Madhya Pradesh. The company said the construction period for the project is 24 months, while the operational period is planned for 25 years.
The project is tariff-based and includes solar power generation along with Battery Energy Storage System (BESS) components.
Ceigall India is an infrastructure construction company with experience in executing specialised structural works, including elevated roads, flyovers, bridges, railway overbridges, tunnels, highways, expressways and runways.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
