BOM:544223

4 stories mentioning BOM:544223

Every FINWIRES story that references BOM:544223, newest first.

Ceigall India SPV Signs Over INR6 Billion Punjab Highway Project

Ceigall India (NSE:CEIGALL, BOM:544223) said its special purpose vehicle, Ceigall Ambala Chandigarh Zirakpur, has signed a concession agreement worth 6.03 billion rupees with the National Highways Authority of India for a highway project in Punjab, according to a Wednesday filing on Indian bourses.The project involves the construction of a 10.3 kilometer six-lane access-controlled spur road connecting the Ambala-Chandigarh section of NH-205A with the Zirakpur Bypass, the filing said.The project will be executed under the hybrid annuity model and has an 18-month construction period followed by a 15-year operation and maintenance period, it added.Shares of the company fell nearly 1% in recent trade.

BOM:544223NSE:CEIGALL

Asia33d ago

Indian Equities Rebound on Wednesday as Duty Hike on Gold, Silver Lifts Sentiment

Indian benchmark indices ended slightly higher on Wednesday, snapping a four-day losing streak, as measures to support the rupee and selective buying helped lift sentiment.The BSE Sensex rose 49.74 points, or 0.1%, to close at 74,608.98, while the NSE Nifty 50 gained 33.05 points, or 0.1%, to settle at 23,412.60.Sentiment improved after India raised import duties on gold and silver to curb demand for the precious metals and ease pressure on foreign exchange reserves.However, gains remained limited as investors continued to monitor rising tensions in the Middle East and the possibility of prolonged disruption around the Strait of Hormuz, which could tighten global oil supplies.Among stocks, Hindustan Petroleum Corporation (NSE:HINDPETRO, BOM:500104) surged nearly 6% after reporting a sharp rise in Q4 profit to 60.7 billion rupees from 34.2 billion rupees a year earlier. Revenue from operations also increased to 1.232 trillion rupees from 1.179 trillion rupees.Ceigall India (NSE:CEIGALL, BOM:544223) slipped nearly 1% after securing a 1.25 billion rupee order from Punjab State Power Corporation for a battery energy storage system project, according to a filing.

^BSENifty 50BOM:500104BOM:544223NSE:CEIGALLNSE:HINDPETRO

Asia33d ago

Ceigall India Secures INR1.25 Billion Battery Storage Project in Punjab, India

Ceigall India (NSE:CEIGALL, BOM:544223) has secured an order worth 1.25 billion Indian rupees from Punjab State Power Corporation, according to a filing to the Indian stock exchanges.The contract entails setting up a 50 MW standalone battery energy storage system (BESS) in Punjab, India. The company will also operate, maintain, and supply power for 12 years.The project will be executed in 18 months.The company's shares were up nearly 1% in recent trade.

BOM:544223NSE:CEIGALL

Asia46d ago

Ceigall India Emerges Highest Bidder for De-Silting Project Worth INR1.4 Million

Ceigall India (NSE:CEIGALL, BOM:544223) has emerged as the highest bidder for a contract worth 1.4 million Indian rupees from Water Resources Department of Punjab, India, according to a Thursday filing to the Indian stock exchanges.The contract is for the de-silting of the Abohar branch, after which the de-silted material will be used for filling purposes in the company's adjoining projects.The royalty payable to Government of Punjab, Water Resource Department, Abohar will be 3.5 rupees per cubic feet.The company's shares were down over 1% in recent trade.

BOM:544223NSE:CEIGALL