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EnergyMedium impactPre-market

IGL forms joint venture for biofuel projects with CEID

pre-market1 source ↓written by the desknot a recommendation

in the new
50% equity
at ₹194.20 ahead
2.4% lower

Indraprastha Gas Ltd has entered a joint venture with CEID Consultants to develop compressed biofuel and compressed biogas (CBG) projects. Each partner will hold 50% equity in the new entity, which aims to enhance India's clean-energy infrastructure. Shares of IGL closed 2.4% lower at ₹194.20 ahead of the announcement.

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 26 Nov 2025, 07:05 IST.

Sourcesnews.google.com

The market after the news

IGL closed +2.3% on the day of the news, from ₹194.85 to ₹199.23; Nifty +1.2% over the same session.

Bulletin at 07:05 IST on 26 Nov 2025. Every change is measured from ₹194.85, the last close before it, on 25 Nov. Nifty 50 is measured over the same sessions.

  • IGL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
IGL closes around the bulletin against the close before the news, with Nifty 50 rebased to it177.24194.85212.46axis spans 20%before the news · 25 Nov194.85Nifty 50IGLbulletinD0+1+3+519 Nov1 Dec10 DecFutures open interestpeak 1.3 crReference close ₹194.85. 16 sessions from 19 Nov to 10 Dec; the price axis spans 20 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 Nov₹194.85basebase
On the day26 Nov₹199.23▲ +2.3%▲ +1.2%+1.0 pp difference
+1 session27 Nov₹197.72▲ +1.5%▲ +1.3%+0.2 pp difference
+3 sessions1 Dec₹198.92▲ +2.1%▲ +1.1%+1.0 pp difference
+5 sessions3 Dec₹192.68▼ −1.1%▲ +0.4%−1.5 pp difference
Gap at the open, % · ₹
▲ +0.8%+1.56 on 26 Nov
Day's range, % · ₹
1.8%≈ 3.6 high to low
Volume on the day
0.47×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · IGL on the desk →

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