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InfrastructureMedium impactAfter close

Adani group wins bid for Bengaluru tunnel road project

after close1 source ↓written by the desknot a recommendation

packages of Bengaluru's
16.75-km tunnel road project
quoting
₹22,267 cr
24%
higher than government
28%
government estimates
₹17,698 cr

The Adani group has emerged as the lowest bidder for both packages of Bengaluru's 16.75-km tunnel road project, quoting ₹22,267 cr, which is 24% and 28% higher than government estimates of ₹17,698 cr. This raises concerns about needing state Cabinet approval before proceeding.

The project, structured under a build-operate-transfer model, includes 40% government funding. Immediate implications could affect project timelines and investor sentiment in the infrastructure sector.

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, 16:13 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

ADANIGREEN closed +0.3% on the day of the news, from ₹1,015.00 to ₹1,018.10; Nifty −0.4% over the same session; futures OI −0.9%.

Bulletin at 16:13 IST on 24 Dec 2025. Every change is measured from ₹1,015.00, the last close before it, on 24 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 it897.2610151133axis spans 26%before the news · 24 Dec1015Nifty 50ADANIGREENbulletinD0+1+3+518 Dec31 Dec9 JanFutures open interest, lotspeak 43,000Reference close ₹1,015.00. 16 sessions from 18 Dec to 9 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 %
Before24 Dec₹1,015.00basebase
On the day26 Dec₹1,018.10▲ +0.3%▼ −0.4%+0.7 pp difference
+1 session29 Dec₹1,001.90▼ −1.3%▼ −0.8%−0.5 pp difference
+3 sessions31 Dec₹1,015.100.0%▼ −0.1%+0.1 pp difference
+5 sessions2 Jan₹1,038.80▲ +2.3%▲ +0.7%+1.6 pp difference
Gap at the open, % · ₹
0.0%0.00 on 26 Dec
Day's range, % · ₹
1.5%≈ 16 high to low
Volume on the day
0.44×the 20-session average
Futures OI on the day
▼ −0.9%−400 lots · short covering · price +0.3%
Futures OI open, lots
42,00026 Dec · 30 Dec expiry
Futures premium, ₹
+1.50+0.1% to spot
Puts per call, by OI
0.59from 0.56 the session before
Max pain
1,040from 1,040 the session before

Source NSE UDiFF bhavcopy · ADANIGREEN on the desk →

Thread · ADANIGREENAll ADANIGREEN bulletins →

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