Ceigall India share price rose 2 percent in the opening trade on October 6 following the company received two solar plant construction orders from Maharashtra State Electricity Distribution Co. worth Rs 1,309 crore.
At 09:23am, Ceigall India was quoting at Rs 266.90, up Rs 6.25, or 2.40 percent, on the BSE.
The company received Letter of Award (LoA) from Maharashtra State Electricity Distribution Co. for solar power developer (SPD) for solar photovoltaic power generating stations of an aggregate capacity of 147 MW (AC) under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 Scheme, for setting up grid-connected solar power projects at 2 districts in the state of Maharashtra.
The project EPC cost is of Rs 597 crore with operate, maintain and supply power for 25 Years under long term PPA.
Catch all the market action on our live blog
Also, received LoA from Maharashtra State Electricity Distribution Co for SPD for solar photovoltaic power generating stations of an aggregate capacity of 190 MW (AC) under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 Scheme, for setting up grid-connected solar power projects at 4 districts in the state of Maharashtra. The EPC cost is of R. 712.16 with operate, maintain and supply power for 25 years under long term PPA.
On September 30, the company received a Letter of Intent 9LoI) from Himanchal Pradesh State Industrial Development Corporation Limited (HPSIDC) for the work of development of bulk drug park at Una District, worth Rs 225 crore.
In the previous trading session, the share closed Rs 260.65, down Rs 3.35, or 1.27 percent.
The share touched a 52-week high of Rs 394.00 and a 52-week low of Rs 229.00 on 11 October, 2024 and 07 April, 2025, respectively.
Currently, the stock is trading 32.26 percent below its 52-week high and 16.55 percent above its 52-week low.
The market capitalisation stands of the company at Rs 4,649.53 crore.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
