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InfrastructureEnergyHigh impactAfter close

BHEL secures ₹1,200-1,500 crore contract from SAIL

after close1 source ↓written by the desknot a recommendation

valued between
₹1,200-1,500 crore
turnkey basis
39 months

Bharat Heavy Electricals Limited (BHEL) has received a Letter of Acceptance for a captive power plant project from Steel Authority of India Limited (SAIL), valued between ₹1,200-1,500 crore. The project, located at the IISCO Steel Plant in Burnpur, will be executed on a turnkey basis over 39 months. This contract marks a significant advancement in BHEL's infrastructure portfolio.

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 18 Feb 2026, 16:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

BHEL closed −3.0% on the day of the news, from ₹261.60 to ₹253.80; Nifty −1.4% over the same session; futures OI −0.8%.

Bulletin at 16:05 IST on 18 Feb 2026. Every change is measured from ₹261.60, the last close before it, on 18 Feb. Nifty 50 is measured over the same sessions.

  • BHEL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
BHEL closes around the bulletin against the close before the news, with Nifty 50 rebased to it228.95261.60294.25axis spans 29%before the news · 18 Feb261.60Nifty 50BHELbulletinD0+1+3+512 Feb24 Feb6 MarFutures open interest, lotspeak 51,000Reference close ₹261.60. 16 sessions from 12 Feb to 6 Mar; the price axis spans 29 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 %
Before18 Feb₹261.60basebase
On the day19 Feb₹253.80▼ −3.0%▼ −1.4%−1.6 pp difference
+1 session20 Feb₹257.30▼ −1.6%▼ −1.0%−0.7 pp difference
+3 sessions24 Feb₹261.80▲ +0.1%▼ −1.5%+1.6 pp difference
+5 sessions26 Feb₹264.85▲ +1.2%▼ −1.3%+2.5 pp difference
Gap at the open, % · ₹
▼ −1.0%−2.59 on 19 Feb
Day's range, % · ₹
2.8%≈ 7.3 high to low
Volume on the day
0.65×the 20-session average
Futures OI on the day
▼ −0.8%−380 lots · long unwinding · price −3.0%
Futures OI open, lots
48,00019 Feb · 24 Feb expiry
Futures premium, ₹
−0.25−0.1% to spot
Puts per call, by OI
0.47from 0.47 the session before
Max pain
260from 260 the session before

Source NSE UDiFF bhavcopy · BHEL on the desk →

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