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Adani Power receives CCI approval for GVK Energy acquisition

pre-market1 source ↓written by the desknot a recommendation

of GVK Energy
100% share capital
in Uttarakhand
330 MW hydroelectric project

Adani Power has received CCI approval to acquire 100% share capital of GVK Energy Ltd, which operates a 330 MW hydroelectric project in Uttarakhand. This acquisition is part of a corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016.

This move may enhance Adani Power's capacity and diversify its energy portfolio, potentially impacting market dynamics in the energy sector.

• Acquisition involves full control of GVK Energy

• GVK Energy engaged in hydroelectric power generation

• Adani Power operates across multiple states in India

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 13 May 2026, 07:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

ADANIPOWER closed +2.0% on the day of the news, from ₹209.63 to ₹213.87; Nifty +0.1% over the same session; futures OI +8.0%.

Bulletin at 07:03 IST on 13 May 2026. Every change is measured from ₹209.63, the last close before it, on 12 May. Nifty 50 is measured over the same sessions.

  • ADANIPOWER close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
ADANIPOWER closes around the bulletin against the close before the news, with Nifty 50 rebased to it182.29215.60248.91axis spans 37%before the news · 12 May209.63Nifty 50ADANIPOWERbulletinD0+1+3+56 May18 May27 MayFutures open interest, lotspeak 29,000Reference close ₹209.63. 16 sessions from 6 May to 27 May; the price axis spans 37 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 %
Before12 May₹209.63basebase
On the day13 May₹213.87▲ +2.0%▲ +0.1%+1.9 pp difference
+1 session14 May₹224.49▲ +7.1%▲ +1.3%+5.8 pp difference
+3 sessions18 May₹219.30▲ +4.6%▲ +1.2%+3.5 pp difference
+5 sessions20 May₹220.24▲ +5.1%▲ +1.2%+3.9 pp difference
Gap at the open, % · ₹
▼ −0.3%−0.63 on 13 May
Day's range, % · ₹
4.3%≈ 9.1 high to low
Volume on the day
0.82×the 20-session average
Futures OI on the day
▲ +8.0%+1,800 lots · long build-up · price +2.0%
Futures OI open, lots
24,00013 May · 26 May expiry
Futures premium, ₹
+1.03+0.5% to spot
Puts per call, by OI
0.55from 0.56 the session before
Max pain
215from 215 the session before

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