OICHARTS
8 AMThe 8 AM report →
EnergyManufacturingMedium impactAfter close

CPCL revises ₹45,000 crore Cauvery Basin project structure

after close1 source ↓written by the desknot a recommendation

Cauvery Basin project
₹45,000 crore
while CPCL retains
25%

Chennai Petroleum Corporation has restructured its ₹45,000 crore Cauvery Basin project in Nagapattinam, shifting focus to a petrochemical complex. In the new joint venture, IOC will hold 75%, while CPCL retains 25%. Technical studies are ongoing, with consultations involving Engineers India Ltd and the Tamil Nadu government.

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 25 May 2026, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

IOC closed −1.1% on the day of the news, from ₹143.95 to ₹142.38; Nifty −0.5% over the same session; futures OI +5.4%.

Bulletin at 16:03 IST on 25 May 2026. Every change is measured from ₹143.95, the last close before it, on 25 May. Nifty 50 is measured over the same sessions.

  • IOC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
IOC closes around the bulletin against the close before the news, with Nifty 50 rebased to it131.92143.95155.98axis spans 18%before the news · 25 May143.95Nifty 50IOCbulletinD0+1+3+519 May1 Jun10 JunFutures open interest, lotspeak 25,000Reference close ₹143.95. 16 sessions from 19 May to 10 Jun; the price axis spans 18 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 %
Before25 May₹143.95basebase
On the day26 May₹142.38▼ −1.1%▼ −0.5%−0.6 pp difference
+1 session27 May₹143.940.0%▼ −0.5%+0.5 pp difference
+3 sessions1 Jun₹138.80▼ −3.6%▼ −2.7%−0.9 pp difference
+5 sessions3 Jun₹137.38▼ −4.6%▼ −2.6%−1.9 pp difference
Gap at the open, % · ₹
▼ −0.2%−0.24 on 26 May
Day's range, % · ₹
1.8%≈ 2.5 high to low
Volume on the day
0.58×the 20-session average
Futures OI on the day
▲ +5.4%+1,200 lots · short build-up · price −1.1%
Futures OI open, lots
23,00026 May · 26 May expiry
Futures premium, ₹
−0.21−0.1% to spot
Puts per call, by OI
0.74from 0.67 the session before
Max pain
145from 145 the session before

Source NSE UDiFF bhavcopy · IOC on the desk →

Thread · IOCAll IOC bulletins →

Related