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InfrastructureMedium impactAfter close

BMC awards ₹1,662 crore Goregaon-Mulund link road contract

after close1 source ↓written by the desknot a recommendation

contract for Phase
₹1,662.27 crore
in this partnership
49% stake
corridor
12.2-kilometre

The Brihanmumbai Municipal Corporation awarded a ₹1,662.27 crore contract for Phase IV of the Goregaon-Mulund Link Road to the Aakshya-HCC joint venture. Hindustan Construction Company holds a 49% stake in this partnership, enhancing east-west connectivity across Mumbai with the 12.2-kilometre corridor.

This significant infrastructure project may boost sentiment in the construction sector, particularly for companies involved in urban development and public works.

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 20 Mar 2026, 16:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

HCC closed −7.8% on the day of the news, from ₹15.44 to ₹14.23; Nifty −2.6% over the same session.

Bulletin at 16:04 IST on 20 Mar 2026. Every change is measured from ₹15.44, the last close before it, on 20 Mar. Nifty 50 is measured over the same sessions.

  • HCC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
HCC closes around the bulletin against the close before the news, with Nifty 50 rebased to it12.9015.4417.98axis spans 39%before the news · 20 Mar15.44Nifty 50HCCbulletinD0+1+3+516 Mar27 Mar9 AprReference close ₹15.44. 16 sessions from 16 Mar to 9 Apr; the price axis spans 39 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 Mar₹15.44basebase
On the day23 Mar₹14.23▼ −7.8%▼ −2.6%−5.2 pp difference
+1 session24 Mar₹14.69▼ −4.9%▼ −0.9%−4.0 pp difference
+3 sessions27 Mar₹14.52▼ −6.0%▼ −1.3%−4.7 pp difference
+5 sessions1 Apr₹15.13▼ −2.0%▼ −1.9%−0.1 pp difference
Gap at the open, % · ₹
▼ −1.2%−0.19 on 23 Mar
Day's range, % · ₹
7.5%≈ 1.2 high to low
Volume on the day
2.16×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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Source NSE UDiFF bhavcopy · HCC on the desk →

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