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EnergyRenewablesHigh impactPre-market

Grasim Industries acquires Sprng Energy for $1.8 billion

pre-market1 source ↓written by the desknot a recommendation

from Shell
$1.8 billion
Renewables capacity
5 GW
total portfolio
9.3 GW

Grasim Industries announced its unit will acquire Sprng Energy from Shell for $1.8 billion, marking a significant move in India's renewables sector. This deal will enhance Aditya Birla Renewables' capacity by 5 GW, expanding its total portfolio to 9.3 GW. The acquisition will be financed through a combination of debt and equity infusion.

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 14 Jul 2026, 07:10 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

GRASIM closed −1.0% on the day of the news, from ₹3,144.30 to ₹3,113.30; Nifty −0.7% over the same session; futures OI −3.5%.

Bulletin at 07:10 IST on 14 Jul 2026. Every change is measured from ₹3,144.30, the last close before it, on 13 Jul. Nifty 50 is measured over the same sessions.

  • GRASIM close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
GRASIM closes around the bulletin against the close before the news, with Nifty 50 rebased to it288331443406axis spans 18%before the news · 13 Jul3144Nifty 50GRASIMbulletinD0+1+3+57 Jul17 Jul28 JulFutures open interest, lotspeak 53,000Reference close ₹3,144.30. 16 sessions from 7 Jul to 28 Jul; 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 %
Before13 Jul₹3,144.30basebase
On the day14 Jul₹3,113.30▼ −1.0%▼ −0.7%−0.3 pp difference
+1 session15 Jul₹3,086.10▼ −1.9%▼ −0.6%−1.3 pp difference
+3 sessions17 Jul₹3,109.70▼ −1.1%▲ +0.5%−1.6 pp difference
+5 sessions21 Jul₹3,179.80▲ +1.1%▼ −0.1%+1.2 pp difference
Gap at the open, % · ₹
▼ −0.2%−6.29 on 14 Jul
Day's range, % · ₹
1.9%≈ 60 high to low
Volume on the day
1.68×the 20-session average
Futures OI on the day
▼ −3.5%−1,900 lots · long unwinding · price −1.0%
Futures OI open, lots
51,00014 Jul · 28 Jul expiry
Futures premium, ₹
+2.70+0.1% to spot
Puts per call, by OI
0.49from 0.70 the session before
Max pain
3,140from 3,160 the session before

Source NSE UDiFF bhavcopy · GRASIM on the desk →

Thread · GRASIMAll GRASIM bulletins →

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