CEIGALL (CEIGALL): Order Win
Ceigall India told the exchange on September 3 about receiving a letter of intent from RECPDCL - an order win - following the recent commissioning of a 5 MW solar project.
For order-win events across many past stocks, Strota's historical base rate shows a win rate of 72.0% across 50 instances with an average edge of 1.6%, a base rate for the event type, not a forecast for this stock.
This stock's footprint: Ceigall trades at a PE of 18.67 and price-to-book of 2.72, with EPS of 18.22, a market cap of 5925.0 crore and a dividend yield of 0.15%. Beyond the LOI, the pack lists repeated order wins and solar-project commissioning filings through late August, and an HDFC Sky report noted a Rs 608.67 crore transmission project win with the stock up 4.46%. The broader market was soft, Nifty down 0.17%.
The data does not establish the order will lift the price; what it shows is a company stacking order wins and capex commissions, an event type historically positive more often than not.
The catalyst
Ceigall India Limited has informed the Exchange about Receiving of Letter of Intent (LOI) from RECPDCL. (filing · NSE)
What the data shows after this event
Across Strota's backtest of past filings, Order Win tends to continue — the move went bullish in about 72.0% of next sessions (net 1.6% after drift and cost, n=50). A base rate, not a forecast for this stock.
CEIGALL right now
P/E 18.67. Full CEIGALL analysis →
Sources
- Ceigall India Limited has informed the Exchange about Receiving of Letter of Intent (LOI) from RECPDCL. — NSE
- Ceigall India Ltd Peer Comparison – Compare with Others — Value Research
- Ceigall India appoints Mr. Ayyalusamy Saravanan and Dr. Pawan Kumar as Whole-Time Directors — scanx.trade
- Ceigall India (NSE:CEIGALL) Ticks All The Boxes When It Comes To Earnings Growth — webull.com
- Ceigall India Ltd Dividend History, Yield & Record Date — indmoney.com
Keep digging
- CEIGALL — full smart-money page: F&O positioning, deals, insider filings and option chain in one place.
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