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Adani Power acquires stake in Jaiprakash Power Ventures

pre-market1 source ↓written by the desknot a recommendation

in Jaiprakash Power
24% stake
Ventures for approximately
₹2,993.6 cr
₹1,200 cr

Adani Power has signed agreements to acquire a 24% stake in Jaiprakash Power Ventures for approximately ₹2,993.6 cr and the 180 MW Churk thermal power plant for ₹1,200 cr. This move is part of the resolution plan for Jaiprakash Associates, approved by the NCLT, and aims to enhance Adani Power's generation capacity in the thermal sector.

The acquisitions are expected to strengthen Adani Power's portfolio and expand its footprint in the energy market. ⚡

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 22 May 2026, 07:07 IST.

Sourcesnews.google.com

The market after the news

ADANIPOWER closed 0.0% on the day of the news, from ₹219.33 to ₹219.32; Nifty +0.3% over the same session; futures OI −1.1%.

Bulletin at 07:07 IST on 22 May 2026. Every change is measured from ₹219.33, the last close before it, on 21 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 it190.73219.82248.91axis spans 31%before the news · 21 May219.33Nifty 50ADANIPOWERbulletinD0+1+3+515 May27 May8 JunFutures open interest, lotspeak 30,000Reference close ₹219.33. 16 sessions from 15 May to 8 Jun; the price axis spans 31 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 %
Before21 May₹219.33basebase
On the day22 May₹219.320.0%▲ +0.3%−0.3 pp difference
+1 session25 May₹233.38▲ +6.4%▲ +1.6%+4.8 pp difference
+3 sessions27 May₹248.91▲ +13.5%▲ +1.1%+12.4 pp difference
+5 sessions1 Jun₹232.30▲ +5.9%▼ −1.1%+7.1 pp difference
Gap at the open, % · ₹
▲ +0.5%+1.16 on 22 May
Day's range, % · ₹
1.6%≈ 3.5 high to low
Volume on the day
0.37×the 20-session average
Futures OI on the day
▼ −1.1%−310 lots · long unwinding · price 0.0%
Futures OI open, lots
27,00022 May · 26 May expiry
Futures premium, ₹
+0.46+0.2% to spot
Puts per call, by OI
0.44from 0.43 the session before
Max pain
215from 215 the session before

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