OICHARTS
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InfrastructureMedium impactAfter close

Adani Group lowest bidder for Bengaluru tunnel road project

after close1 source ↓written by the desknot a recommendation

than government estimates
24% and 28% higher
against an estimate
₹22,267 cr
an estimate
₹17,698 cr

The Adani Group has emerged as the lowest bidder for the 16.75-km North-South underground tunnel road project in Bengaluru. Their bids are approximately 24% and 28% higher than government estimates, totaling ₹22,267 cr against an estimate of ₹17,698 cr. Approval from the state Cabinet may be needed before finalization.

This development could impact the construction sector as the project progresses under the build-operate-transfer (BOT) model.

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 23 Dec 2025, 16:12 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 16:12 IST on 23 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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