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CEIGALL — Ceigall India News Story

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Ceigall India extends gains on approval for $73.66-million highway project

BUZZ-Ceigall India extends gains on approval for $73.66-million highway project

** Shares of Ceigall India CEIG.NS rise 2.5% to 330.05 rupees

** Stock set for a third consecutive session of gains, if trend holds

** The engineering, procurement and construction company said it received a letter of acceptance for 7.05-billion-rupee ($73.66 million) order from the Ministry of Road Transport and Highways

** Project for construction of part of NH-913 Frontier Highway in Arunachal Pradesh, to be executed jointly with Sushee Infra and Mining

** More than 506,000 shares change hands by 9:46 AM, 1.5x the 30-day avg

** Ceigall stock up 22.8%, YTD


($1 = 95.7125 Indian rupees)




(Reporting by Abhirami G in Bengaluru)

((abhirami.g@thomsonreuters.com))

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