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The Economic Times
The Economic Times
Business
Ritesh Presswala

Ceigall India shares gain 4% after securing LoI for Rs 5,300 crore power transmission project

Ceigall India

Ceigall India shares rose as much as 3.54% to hit an intraday high of Rs 359.85 on Friday after the company received a Letter of Intent (LoI) from REC Power Development and Consultancy Limited for a major power transmission project.

The order marks a significant addition to Ceigall India’s project pipeline, with the total project cost estimated at around Rs 5,300 crore, including GST.

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