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EnergyInfrastructureHigh impactPre-market

IndiGrid acquires Gadag Transmission for ₹372 crore

pre-market1 source ↓written by the desknot a recommendation

enterprise value
₹372 crore
from the Gadag
2,500 MW of solar power
to IndiGrid's financials
₹18 crore

IndiGrid Infrastructure Trust has announced the acquisition of Gadag Transmission Limited for an enterprise value of ₹372 crore. This strategic move enhances its footprint in Karnataka's power transmission sector, particularly in evacuating 2,500 MW of solar power from the Gadag Solar Energy Zone.

The acquisition is expected to contribute ₹18 crore to IndiGrid's financials, potentially boosting investor sentiment in the power sector.

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 3 Dec 2025, 07:04 IST.

Sourcesnews.google.com

The market after the news

INDIGRID closed −0.4% on the day of the news, from ₹168.49 to ₹167.75; Nifty −0.2% over the same session.

Bulletin at 07:04 IST on 3 Dec 2025. Every change is measured from ₹168.49, the last close before it, on 2 Dec. Nifty 50 is measured over the same sessions.

  • INDIGRID close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
INDIGRID closes around the bulletin against the close before the news, with Nifty 50 rebased to it162.15168.49174.83axis spans 8%before the news · 2 Dec168.49Nifty 50INDIGRIDbulletinD0+1+3+526 Nov8 Dec17 DecReference close ₹168.49. 16 sessions from 26 Nov to 17 Dec; the price axis spans 8 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 %
Before2 Dec₹168.49basebase
On the day3 Dec₹167.75▼ −0.4%▼ −0.2%−0.3 pp difference
+1 session4 Dec₹168.58▲ +0.1%0.0%0.0 pp difference
+3 sessions8 Dec₹168.24▼ −0.1%▼ −0.3%+0.1 pp difference
+5 sessions10 Dec₹168.74▲ +0.1%▼ −1.1%+1.2 pp difference
Gap at the open, % · ₹
0.0%0.00 on 3 Dec
Day's range, % · ₹
2.4%≈ 4.0 high to low
Volume on the day
0.91×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 · INDIGRID on the desk →

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