Ceigall India Share Price Target 2024, 2025, 2026, 2027, 2030 (Complete Information)

Hello friends, in today's article we are going to talk about an infrastructure company named Ceigall India Limited. Along with this, we are going to give you complete information about Ceigall India Share Price Target.

This company was listed on the stock market in August 2024 and it gave good profit to the investors who invested in its IPO. In such a situation, investors who want to invest in this stock want to get all the information about this company, what does this company do, what is the future of this stock and how much risk is there in this stock etc.

So let's start this article without wasting much time and know about Ceigall India Share Price Target 2024, 2025, 2026, 2027, 2030.

Information about Ceigall India Limited Company (Ceigall India Limited Company Details )

Ceigall India Limited is a company that works in the infrastructure construction sector. This company was founded on 8 July 2002 and its headquarters is located in Ludhiana, Punjab. The founder of this company is Shri Ramnik Sehgal.

This company works on projects like roads, flyovers, bridges, railways over bridges, tunnels, highways, expressways and runways. This company is one of the fastest growing engineering, procurement and construction (EPC) companies in India.

This company operates its business in more than 10 states of India. This company has completed more than 34 projects so far and is still working on more than 18 projects. Ceigall India Limited has more than 20 years of experience in its business.

Currently more than 2256 employees work in Ceigall India Limited. This company did a business of more than Rs 1,000 crore last year i.e. in the financial year 2023. The shares of this company were listed on 8 August 2024 at Rs 413 on BSE and Rs 419 on NSE.

Financial Statistics of Ceigall India

If we talk about Ceigall India Share Price, then the share of this company is trading at a price of above ₹ 378 on 18 September 2024. The 52-week maximum price of this stock is ₹ 424.80 and the minimum price is ₹ 367.90. For more information about the financial position of Ceigall India, you can see the table given below-

Ceigall India Shareholding Pattern

Before investing in the shares of any company, it is very important for an investor to know what is the shareholding pattern of that company and how many shares do the promoters have in that company? If we talk about Ceigall India Shareholding Pattern, then the shareholding pattern of Ceigall India Limited looks good.

In Ceigall India, promoters have a shareholding of 82.05%, FII’s have 3.83%, DII’s have 4.82% and public has 9.29% shareholding. For more information, you can see the table given below –

Ceigall India Share Price Target 2024, 2025, 2026, 2027, 2030

If you want to know about Ceigall India Share Price Target, then for your information, let us tell you that we have told you about Ceigall India Share Price Target 2024, 2025, 2026, 2027, 2030 through the table below. Through this table, you can guess how much Ceigall India Share Price can go in the future –

Disclaimer – Please note that through the above table we have told you about Ceigall India Share Price Target. We have given all this data on the basis of our research and information. If you want to invest in this stock, please do research at your level or you can consult your financial advisor.

Ceigall India Share Price Target 2024

The IPO of Ceigall India Limited came on 01 August 2024 and ended on 05 August 2024. On 08 August 2024, this stock was listed on NSE and BSE exchange. The issue size of this IPO was Rs 1252.66 crore and this IPO was subscribed 31.26 times.

The price band of this IPO was Rs 380 to Rs 401 and after listing, this stock went to a price of Rs 425 and now this stock is at a price of more than Rs 389. The IPO of this company was led by ICICI Securities, IIFL Securities, and JM Financial.

According to experts, Ceigall India's stock can give good returns in 2024. In such a situation, if we talk about Ceigall India Share Price Target in 2024, then the first target of this stock in 2024 can be Rs 393 and the second target can be Rs 412.

Ceigall India Share Price Target 2024

• IPO issue price: ₹380-401
• Listing date: 8 August 2024
• Predicted Price Range: ₹393 to ₹412

Ceigall India Share Price Target 2025

To know how Ceigall India Limited is performing in its business, we have to look at the sales and net profit of this company.

In March 2022, the total sales of Ceigall India Limited was Rs 1,134 crore, which increased to Rs 2,068 crore in March 2023. At the same time, till March 2024, this company had done a total business of Rs 3,029 crore.

On the other hand, if we talk about the net profit of this company, then in March 2022, the net profit of this company was Rs 126 crore, which increased to Rs 167 crore in March 2023. At the same time, in March 2024, the total net profit of this company was Rs 304 crore.

If this company continues to grow its net profit and sales in the future, then the stock of this company can see a rise. In such a situation, if we talk about Ceigall India Share Price Target in 2025, then in 2025 this share can reach the price of Rs. 425 to Rs. 454.

Ceigall India Share Price Target 2025

• Total sales (March 2023): ₹2,068 crore
• Net profit (March 2024): ₹304 crore
• Predicted Price Range: ₹425 to ₹454

Ceigall India Share Price Target 2026

Ceigall India Limited has recently been listed in the stock market and as soon as it was listed, this company has received a huge order of Rs 1042 crore. For your information, let us tell you that by July 2024, the company has successfully completed 24 road and highway projects. Along with this, the company has completed 16 more projects under the Engineering, Procurement, and Construction (EPC) model.

Currently, this company has 18 projects going on. These projects include bridges, railway overbridges, tunnels, expressways, airstrips, metro projects and multi-lane highways. Recently, the company has received an order of Rs 1042 crore for the development of Bhubaneswar Metro project and a central bus terminal in Kanpur. This order is going to be very special for this company.

If the company completes these projects on time, then the company's stock can see a good rise. Considering all these facts, if we talk about Ceigall India Share Price Target in 2026, then in 2026 the first target of this stock can be Rs 467 and the second target can be Rs 502.

Ceigall India Share Price Target 2026

• Received a major order worth ₹1,042 crore for Bhubaneswar Metro and Kanpur bus terminal.
• Currently managing 18 ongoing projects.
• Predicted Price Range: ₹467 to ₹502

Ceigall India Share Price Target 2027

Ceigall India Limited is a company which has just been listed in the stock market and this company is giving dividend benefits to its investors. If we talk about the dividend yield of this company, then the dividend yield of this company is 0.12%.

Apart from this, the track record of return on equity (ROE) of Ceigall India Limited is very good. If we talk about the return on equity of this company, then the ROE of the company has been 36.0% in the last 3 years.

Now we know what is ROE? ROE is an important financial ratio that shows how much money the company is earning for its shareholders. A high ROE means that the company is using its investors' money effectively.

Considering all these reasons, if we talk about Ceigall India Share Price Target in 2027, then in 2027 this stock can go from Rs 515 to Rs 588.

Ceigall India Share Price Target 2027

• ROE: 39.9%
• Dividend yield: 0.12%
• Predicted Price Range: ₹515 to ₹588

Ceigall India Share Price Target 2030

If we look at the promoters holding of Ceigall India Limited, the promoters holding of this company is quite good. If the shareholding of promoters is high in any company, it means that the promoters have full faith in the business and finance fundamentals of that company and that company can perform well in its business.

The total promoters holding of Ceigall India Limited is 82.05%. At the same time, FIIs i.e. foreign investors have also invested in this stock and their promoters holding is 3.83%.

It is expected that this stock will complete its projects by 2030 and due to this, the company's shares can also see a rise. In such a situation, if we talk about Ceigall India Share Price Target in 2030, then in 2030, the price of this share can go from Rs 1190 to Rs 1350.

Ceigall India Share Price Target 2030

• Promoters holding: 82.05%
• Expected completion of ongoing projects.
• Predicted Price Range: ₹1,190 to ₹1,350

Future of Ceigall India Share

Ceigall India Limited has worked on more than 34 projects and is currently working on more than 18 projects. This company is expected to get big orders in the future and this stock is expected to rise.

Apart from this, the revenue and net profit of this company is growing every year, which tells us that this company is performing well in its business. Apart from this, the business and finance fundamentals of the company are quite good.

This company is also giving good dividend to its investors, apart from this company has just been listed in the stock market. Gradually we will get the share returns and other information of this company, which we will keep updating in this article.

Looking at all these reasons, we can believe that this company can perform well in its business and the future of this company can be bright.

Risk in Ceigall India Share

Ceigall India Limited works in the infrastructure sector and its share was listed in the stock market at a price of about Rs 425. After the listing of the share, we have seen a downfall in this share so far, due to which we see risk in this share.

If we talk about the competitors of this company, then companies like Larsen & Toubro, Rail Vikas Nigam, IRB Infra, KEB International, Kalpataru Project have made their mark in the infrastructure sector and can give tough competition to this company.

These are some risks that you should be aware of and keep these risks in mind while investing.

Should we invest in Ceigall India Limited shares?

If you want to invest in Seagull India shares, then I would like to advise you that before investing in this share, you must do research at your level and get information about the business and financial fundamentals of this company.

Or you can contact your financial advisor and take his advice before investing. Note that investing in the stock market is subject to risks.

FAQ’s – Ceigall India Share Price Target

1. What does Ceigall India Limited do?

Ans. Ceigall India Limited is an infrastructure construction company that builds roads, bridges, tunnels and other large construction works. The company has recently entered the stock market and has also received a large order.

2. Who is the owner of Ceigall India Limited?

Ans. The owner of Ceigall India Limited is Shri Ramnik Sehgal.

3. What can be Ceigall India Share Price Target in 2030?

Ans. In 2030, the share of Ceigall India Limited can go from Rs 1100 to Rs 1350.

4. What is the share price target of Ceigall India in 2024?

Ans. The share price target of Ceigall India in 2024 is Rs 393 to Rs 412.

Conclusion

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Disclaimer: This article is written for informational purposes only, do not consider it as any investment advice.