Ceigall Share Price | Construction company gets order worth ₹2498 crore, keep an eye on the stock – Hindi News
Ceigall Share Price | Civil construction company Seagull India has received two big orders last month. According to exchange filings, the construction company has received approval letter from the National Highway Authority of India for the construction of Ayodhya Bypass. The total cost of the project is Rs 2,498.5 crore. Seagull India shares were listed last month on August 8. The share was listed at Rs 419 on NSE at a 4.49 per cent premium and at Rs 413 on BSE at a 3 per cent premium. The IPO price was Rs 401 per share. On Tuesday, September 24, the stock closed at Rs 389.25, down 0.73 per cent. , Seagull India Limited Company Shares)
Seagull India Limited on Tuesday received the approval letter from the National Highway Authority of India for the construction of 4/6 lane South Ayodhya Bypass and 4/6 lane North Ayodhya Bypass. The length of the bypass will be from 5 kilometers to 32.172 kilometers. On Friday (September 27, 2024), the stock was trading at Rs 382, down 0.51%. The total length of the Northern Bypass will be 35.40 km. The cost of construction of 4/6-lane South Ayodhya Bypass is Rs 1,299.20 crore. The cost of construction of 4/6-lane Northern Ayodhya Bypass is Rs 1,119.30 crore. The project will be run in hybrid annuity mode for 24 months. Sigal India shares are up 3% in one week and 5% in two weeks. The stock is down 3% in less than a month. Stock worth Rs. 52-week higher of Rs.425 and Rs. is less than 368. The market capitalization of the company in BSE is Rs 6,780.92 crore.
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