New Delhi, February 10 Shares of Ceigall India surged by more than 8 per cent on Tuesday, hitting their 52-week high on the stock exchange after the company announced securing a solar project worth Rs 1,700 crore from Rewa Ultra Mega Solar Ltd.
The stock jumped by 8.52 per cent to Rs 308.30 per share on the BSE.
On the NSE, the company's stock advanced by 7.54 per cent to Rs 307.90, also marking its yearly peak.
Meanwhile, the 30-share BSE Sensex rose by 337.32 points, or 0.40 per cent, to 84,403.07, while the NSE Nifty went up by 93.45 points, or 0.36 per cent, to 25,960.75 in the morning session.
In a regulatory filing on Tuesday, Ceigall India said it had secured a 220 MW solar project integrated with a battery energy storage system worth Rs 1,700 crore from Rewa Ultra Mega Solar Ltd.
Ceigall India reported a consolidated net profit of over 2 per cent, reaching Rs 72.4 crore in the December quarter, due to higher income.
The company had reported a net profit of Rs 70.7 crore in the October-December period of 2024-25, as stated in an exchange filing.
The company's total income rose to Rs 991.1 crore from Rs 830.5 crore in the previous year's quarter, it added.
The stock jumped by 8.52 per cent to Rs 308.30 per share on the BSE.
On the NSE, the company's stock advanced by 7.54 per cent to Rs 307.90, also marking its yearly peak.
Meanwhile, the 30-share BSE Sensex rose by 337.32 points, or 0.40 per cent, to 84,403.07, while the NSE Nifty went up by 93.45 points, or 0.36 per cent, to 25,960.75 in the morning session.
In a regulatory filing on Tuesday, Ceigall India said it had secured a 220 MW solar project integrated with a battery energy storage system worth Rs 1,700 crore from Rewa Ultra Mega Solar Ltd.
Ceigall India reported a consolidated net profit of over 2 per cent, reaching Rs 72.4 crore in the December quarter, due to higher income.
The company had reported a net profit of Rs 70.7 crore in the October-December period of 2024-25, as stated in an exchange filing.
The company's total income rose to Rs 991.1 crore from Rs 830.5 crore in the previous year's quarter, it added.
