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Ceigall India jumps 1.81% after securing Rs 225.00 crore contract from HPSIDC for Himachal Pradesh’s Bulk Drug Park

(21-Aug-26   11:40)

Ceigall India Ltd. is currently trading at Rs 318.45, up 1.81%, while its price has risen 0.02% over the last week. Ceigall India Limited has secured a Letter of Award (LOA) from Himachal Pradesh State Industrial Development Corporation Limited (HPSIDC) for the development of the Bulk Drug Park at Una, Himachal Pradesh, valued at Rs 225.00 crore, including GST. The project, awarded as an item-rate contract, encompasses formation cutting, internal road construction, storm water drains, a bridge, and fencing, with an execution period of 18 months. This order reinforces Ceigall India’s presence in infrastructure development and contributes to India's industrial growth, aligning with the company’s strategy of expanding its geographic reach and diversifying its project portfolio. Ceigall India Ltd. shares saw a trading volume of 2.28 lakh today, a surge of 98.15% compared to the average volume of the last one week. Ceigall India Ltd. soared by 26.12% year-over-year, outperforming the NIFTY50 index which experienced a 3.27% loss.