Ceigall India share price is expected to remain in focus after the company secured a major metro infrastructure contract, marking its continued expansion beyond its core road and highway segment.
Ceigall India Limited, through its joint venture with SAM India Builtwell Pvt. Ltd., has received a Letter of Acceptance (LOA) from Jaipur Metro Rail Corporation Ltd for a key Phase-II project.
The total project value stands at ₹918.04 crore (inclusive of GST), with Ceigall holding a 74% stake in the JV.
The contract involves the design and construction of a 10.8 km elevated viaduct along with 10 elevated metro stations under Jaipur Metro Phase-II.
The project also includes a spur line connecting to the depot and is scheduled to be executed over 34 months.
This order reflects Ceigall India’s expansion into urban mobility projects, adding diversification beyond highways and strengthening its presence in metro rail infrastructure.
As per the exchange filings, Ramneek Sehgal, Chairman & Managing Director, said: “Winning this Jaipur Metro Phase-II package marks an important milestone for Ceigall… we are proud to contribute to Jaipur’s next phase of modern transit connectivity.”
The contract enhances the company’s order book and supports long-term execution visibility across infrastructure segments including highways, railways, and urban transit.
Read More: Ceigall India Share Price In Focus After Emerging L1 Bidder For ₹603 Crore NHAI Highway Project!
As of 30 April 2026, at 3:30 PM, Ceigall India share price closed at ₹338.60 per share, reflecting a surge of 0.13% from the previous closing price.
The Jaipur Metro win strengthens Ceigall India’s diversification strategy and reinforces its position as a multi-segment EPC player.
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Published on: May 4, 2026, 8:11 AM IST
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