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Adani Power rises 2.60% after ₹4,193 cr JAL acquisition

after close1 source ↓written by the desknot a recommendation

on 21
2.60%
the deals
₹4,193.6 cr
stake purchase
₹2,993.6 cr
acquisition
₹1,200 cr

Shares of Adani Power Limited rose 2.60% on 21 May, reaching a high of ₹226.40 on the NSE, following the signing of two agreements to acquire assets from Jaiprakash Associates Limited. The total outlay for the deals is ₹4,193.6 cr, including a ₹2,993.6 cr stake purchase in Jaiprakash Power Ventures and a ₹1,200 cr acquisition of the Churk thermal power plant.

These acquisitions are part of a court-approved insolvency resolution, enhancing Adani Power's capacity in the thermal and hydro sectors, which may positively influence market sentiment.

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 21 May 2026, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

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 16:03 IST on 21 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

Source NSE UDiFF bhavcopy · ADANIPOWER on the desk →

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