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DefenceManufacturingHigh impactPre-market

BHEL secures major defence contracts for fighter jet projects

pre-market1 source ↓written by the desknot a recommendation

Bharat Heavy Electricals Limited (BHEL) has secured significant contracts from the Aeronautical Development Agency (ADA) for the LCA Mk2 and AMCA fighter jet projects. These contracts enhance India's defence manufacturing capabilities and aim to reduce import dependence. BHEL will develop advanced pump modules for the Liquid Cooling System, crucial for aircraft performance and safety. ⚙️

This partnership marks a pivotal step in strengthening national security and may boost investor sentiment in the defence sector.

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 Feb 2026, 07:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

BHEL closed +0.4% on the day of the news, from ₹257.30 to ₹258.25; Nifty +0.6% over the same session; futures OI −0.1%.

Bulletin at 07:05 IST on 22 Feb 2026. Every change is measured from ₹257.30, the last close before it, on 20 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 it225.19257.30289.41axis spans 29%before the news · 20 Feb257.30Nifty 50BHELbulletinD0+1+3+516 Feb26 Feb10 MarFutures open interest, lotspeak 51,000Reference close ₹257.30. 16 sessions from 16 Feb to 10 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 %
Before20 Feb₹257.30basebase
On the day23 Feb₹258.25▲ +0.4%▲ +0.6%−0.2 pp difference
+1 session24 Feb₹261.80▲ +1.8%▼ −0.6%+2.3 pp difference
+3 sessions26 Feb₹264.85▲ +2.9%▼ −0.3%+3.2 pp difference
+5 sessions2 Mar₹262.15▲ +1.9%▼ −2.8%+4.6 pp difference
Gap at the open, % · ₹
▲ +0.3%+0.75 on 23 Feb
Day's range, % · ₹
2.2%≈ 5.6 high to low
Volume on the day
0.65×the 20-session average
Futures OI on the day
▼ −0.1%−61 lots · short covering · price +0.4%
Futures OI open, lots
46,00023 Feb · 24 Feb expiry
Futures premium, ₹
0.000.0% to spot
Puts per call, by OI
0.46from 0.48 the session before
Max pain
260from 260 the session before

Source NSE UDiFF bhavcopy · BHEL on the desk →

Thread · BHELAll BHEL bulletins →

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