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InfrastructureMedium impactPre-market

Adani Group wins Bengaluru Tunnel Road bid at ₹22,267 cr

pre-market1 source ↓written by the desknot a recommendation

quoting
₹22,267 cr
the estimated cost
24% above
set
₹17,698 cr

The Adani Group has emerged as the lowest bidder for the Bengaluru Tunnel Road project, quoting ₹22,267 cr, which is 24% above the estimated cost of ₹17,698 cr set by the Greater Bengaluru Authority. This development places the Congress-led government in a political dilemma, raising concerns over cost escalation and transparency.

The project has sparked controversy, as it contradicts the party's stance against corporate giants, potentially impacting future infrastructure projects in the state. Immediate market implications may arise as investors assess the political fallout and its effects on Adani's other ventures.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 24 Dec 2025, 07:13 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

ADANIGREEN closed −0.2% on the day of the news, from ₹1,016.90 to ₹1,015.00; Nifty −0.1% over the same session; futures OI −0.9%.

Bulletin at 07:13 IST on 24 Dec 2025. Every change is measured from ₹1,016.90, the last close before it, on 23 Dec. Nifty 50 is measured over the same sessions.

  • ADANIGREEN close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
ADANIGREEN closes around the bulletin against the close before the news, with Nifty 50 rebased to it898.9410171135axis spans 26%before the news · 23 Dec1017Nifty 50ADANIGREENbulletinD0+1+3+517 Dec30 Dec8 JanFutures open interest, lotspeak 43,000Reference close ₹1,016.90. 16 sessions from 17 Dec to 8 Jan; the price axis spans 26 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before23 Dec₹1,016.90basebase
On the day24 Dec₹1,015.00▼ −0.2%▼ −0.1%−0.1 pp difference
+1 session26 Dec₹1,018.10▲ +0.1%▼ −0.5%+0.6 pp difference
+3 sessions30 Dec₹1,007.10▼ −1.0%▼ −0.9%−0.1 pp difference
+5 sessions1 Jan₹1,025.90▲ +0.9%▼ −0.1%+1.0 pp difference
Gap at the open, % · ₹
▲ +0.1%+1.12 on 24 Dec
Day's range, % · ₹
1.2%≈ 12 high to low
Volume on the day
0.43×the 20-session average
Futures OI on the day
▼ −0.9%−390 lots · long unwinding · price −0.2%
Futures OI open, lots
42,00024 Dec · 30 Dec expiry
Futures premium, ₹
+0.80+0.1% to spot
Puts per call, by OI
0.56from 0.61 the session before
Max pain
1,040from 1,020 the session before

Source NSE UDiFF bhavcopy · ADANIGREEN on the desk →

Thread · ADANIGREENAll ADANIGREEN bulletins →

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