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Jun 04, 2026 10:07 AM • Capital Market Live

Ceigall India arm inks pact to monetise highway asset for Rs 177-cr

▲ Bullish +6.47%

The divestment of the operational highway asset unlocks Rs 177 crore in capital, boosting corporate liquidity and strengthening financial flexibility for upcoming infrastructure biddings. Since the asset contributes just 2.1% to consolidated turnover but releases significant trapped capital, the market reacts positively to this disciplined asset-light transition. This cash infusion validates a healthy swing or positional accumulation strategy over a 1-3 month horizon as the capital gets redeployed into higher-yielding construction milestones.

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