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InfrastructureMedium impactPre-market

High Court halts PGCIL's exclusion of KEC International

The High Court halted Power Grid Corporation's exclusion of KEC International from tenders for 9 months, allowing the company to continue participating in bidding processes. This decision emphasizes judicial oversight in corporate procurement matters.

pre-market1 source ↓written by the desknot a recommendation

tender participation
9 months

The High Court has halted PGCIL's exclusion of KEC International from tender participation for 9 months. This ruling allows KEC to continue its business operations without restrictions, ensuring competitive bidding opportunities remain open.

The court's intervention underscores the importance of judicial oversight in corporate governance and procurement processes, potentially impacting KEC's future project acquisitions.

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 21 Dec 2025, 07:12 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

KEC closed +4.8% on the day of the news, from ₹711.00 to ₹745.00; Nifty +0.8% over the same session.

Bulletin at 07:12 IST on 21 Dec 2025. Every change is measured from ₹711.00, the last close before it, on 19 Dec. Nifty 50 is measured over the same sessions.

  • KEC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
KEC closes around the bulletin against the close before the news, with Nifty 50 rebased to it619.99711.00802.01axis spans 29%before the news · 19 Dec711.00Nifty 50KECbulletinD0+1+3+515 Dec26 Dec6 JanReference close ₹711.00. 16 sessions from 15 Dec to 6 Jan; 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 %
Before19 Dec₹711.00basebase
On the day22 Dec₹745.00▲ +4.8%▲ +0.8%+4.0 pp difference
+1 session23 Dec₹743.15▲ +4.5%▲ +0.8%+3.7 pp difference
+3 sessions26 Dec₹732.05▲ +3.0%▲ +0.3%+2.7 pp difference
+5 sessions30 Dec₹732.75▲ +3.1%▼ −0.1%+3.2 pp difference
Gap at the open, % · ₹
▲ +3.0%+20.97 on 22 Dec
Day's range, % · ₹
5.1%≈ 36 high to low
Volume on the day
7.07×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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