Hindustan Construction Company Limited (HCC) today announced the appointment of Vivek Singhal as Chief Executive Officer, effective November 5, 2026. Singhal brings over four decades of experience in infrastructure and EPC, spanning project execution, business leadership, business development, and P&L management. His experience includes 16 years in international markets, delivering projects and managing assets worth approximately ₹28,500 crore across five countries. He has worked across airports, metro rail, urban transport, hydropower, bridges, and other infrastructure sectors.

Extensive Experience

Mr. Arjun Dhawan, Vice Chairman & Managing Director, HCC said: ‘Vivek has built and run large infrastructure businesses across India and international markets and has delivered at scale. That depth will strengthen HCC’s leadership as we build on our engineering and execution capabilities and enter our next phase of growth.’ Singhal joins HCC from GMR Airports Ltd., Singapore, where he served as Chief Executive Officer, with responsibility for global strategy, P&L management, business development, and airport asset development across international markets.

Career Highlights

Previously, he held senior leadership positions at Tata Projects Ltd.; GMR Group in the Maldives; Alpine Bau GmbH in Singapore; and Larsen & Toubro. At Tata Projects, he led the Urban Infrastructure business, growing its turnover from inception to over ₹3,300 crore, with an order backlog exceeding ₹38,000 crore. At Alpine Bau, he led major underground metro projects in Singapore with a combined contract value exceeding US$1 billion.

Singhal holds a Bachelor’s Degree in Civil Engineering from Motilal Nehru National Institute of Technology, Allahabad, and has completed the Advanced Management Programme at IIM Bangalore. He is a Fellow of the Institution of Civil Engineers, UK. As HCC enters its next phase of growth, the board is confident that Singhal’s extensive experience and leadership will drive the company forward.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Hindustan Construction Company Limited

Hindustan Construction Company Limited belongs to the Industrials › Engineering & Construction sector. Here’s a quick read on where the business and the stock stand today.

Hindustan moves sideways over three months, with neither buyers nor sellers taking control. D/E of 1.85 is elevated. As a result, debt servicing will compress free cash flow in a high-rate environment. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The stock gains 4.9% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. The stock holds up despite -14.0% revenue growth and a PEG of 1.66. That could signal an early turnaround. Alternatively, index flows simply support the price. Watch whether analysts revise estimates upward — that is the real signal. Check Fundamentals of Hindustan Construction Company Limited.

Ceigall India Limited (NSE: CEIGALL), a leading infrastructure company, has announced its unaudited financial results for the quarter and half year ended 30th September 2026. The company reported consolidated revenue of INR 19,921 million, marking a 21.1% year-on-year growth. EBITDA rose by 42.5% to INR 3,174 million, with an EBITDA margin of 15.9%.

Quarterly Performance

During Q2 FY27, Ceigall India Limited delivered consolidated revenue of INR 10,225 million, growing 26.8% year-on-year. EBITDA increased by 53.2% to INR 1,740 million, with EBITDA margins improving to 17.0%. The company’s PAT grew by 64.1% to INR 922 million.

Half-Year Performance

For H1 FY27, consolidated revenue stood at INR 19,921 million, registering a growth of 21.1% year-on-year. EBITDA increased by 42.5% to INR 3,174 million, and PAT grew by 45% to INR 1,559 million. The order book stood at INR 2,26,811 million as on September 30, 2026, providing strong revenue visibility across the diversified infrastructure portfolio.

Commenting on the performance, Mr. Ramneek Sehgal, Chairman and Managing Director, Ceigall India Limited, said: “The second quarter of FY27 marked a strong period for Ceigall India, with healthy growth in revenue and profitability, supported by sustained execution across our core infrastructure business. Our continued focus on operational efficiency, strategic diversification, and disciplined capital allocation has enabled us to strengthen our position as a diversified infrastructure company.”

Looking ahead, Ceigall India Limited remains focused on accelerating execution across its project portfolio, strengthening its presence in renewable energy and power transmission, and maintaining a disciplined approach to capital allocation. Backed by its robust order book, execution capabilities, and increasingly diversified business portfolio, the company remains confident in delivering sustainable long-term growth and creating value for all its stakeholders.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Ceigall India Limited

Ceigall India Limited belongs to the Industrials › Engineering & Construction sector. Here’s a quick read on where the business and the stock stand today.

Ceigall rises 14.7% over three months, with buying pressure holding steady. Thin margins at 7.7% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue grows at 20.5% and profits at 23.1% CAGR. Both numbers are exceptional. Buyers show up with 2.3x the volume of sellers. Moreover, they dominated on 20 of recent sessions versus 10 for sellers — a healthy accumulation pattern. Both the business and the stock move in the right direction. Revenue grows at 20.5%, profits at 23.1%, and the PEG sits at 0.92 — below its growth rate. That combination is rare. Check Fundamentals of Ceigall India Limited.

Tega Industries Limited (TEGA) has announced its financial results for Q2 FY27, showing a robust performance across various segments. The company’s total revenue stood at Rs 42,947 million, marking a 18% year-over-year increase. The consumables division, a key driver of growth, reported a 30% year-over-year rise in revenue, contributing significantly to the overall performance.

Consumables Division

The consumables segment experienced a notable surge, with revenue up by 30% year-over-year to Rs 37,963 million. The adjusted EBITDA for this division increased by 42%, reaching Rs 22.4 million. This growth is attributed to higher volumes and improved operational efficiencies.

Equipment Division

In contrast, the equipment division faced a decline, with revenue decreasing by 182 million to Rs 6,081 million. However, the company secured a significant order worth Rs 1260 million, expected to be executed within the next 14 months. This order is anticipated to bolster future revenue streams.

Overall Financial Performance

The total adjusted EBITDA for TEGA was Rs 937 million, a 10% increase from the previous year. The adjusted PAT for the period was Rs 158 million, reflecting the company’s ability to manage costs effectively despite the challenges in the equipment segment. The company’s order book, excluding grinding media, stood at Rs 13,976 million, up by 21% year-over-year, indicating strong future demand.

Tega Industries Limited remains optimistic about its future growth trajectory, driven by strategic initiatives and market opportunities.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Tega Industries Limited

Tega Industries Limited belongs to the Industrials › Specialty Industrial Machinery sector. Here’s a quick read on where the business and the stock stand today.

Tega rises 18.6% over three months, with buying pressure holding steady. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. 1 loss quarter(s) over five years signals earnings fragility — not chronic but worth noting. Buyers show up with 2.6x the volume of sellers. Moreover, they dominated on 18 of recent sessions versus 12 for sellers — a healthy accumulation pattern. The stock rises 18.6% in three months on 11.8% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Tega Industries Limited.