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InfrastructureHigh impactAfter close

Mumbai's ₹2,241 crore water tunnel project nears approval

after close1 source ↓written by the desknot a recommendation

contract
₹2,241 crore
to the city's
200 MLD Manori desalination plant
will enhance Mumbai's
4.63 km tunnel
in its first
200 MLD
Tunnel length
4.63 km

The Brihanmumbai Municipal Corporation (BMC) is set to award a ₹2,241 crore contract to Afcons Infrastructure Ltd for a water tunnel linking the 200 MLD Manori desalination plant to the city's distribution network. The 4.63 km tunnel will enhance Mumbai's water supply capacity, initially catering to 200 MLD in its first phase. This project is crucial for improving water access in the city.

• Contract value: ₹2,241 crore

• Tunnel length: 4.63 km

• Initial capacity: 200 MLD

• Future capacity: 400 MLD

This development may positively impact infrastructure stocks and enhance water supply reliability in Mumbai.

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 Jul 2026, 16:11 IST.

Sourcesnews.google.com

The market after the news

AFCONS closed 0.0% on the day of the news, from ₹289.95 to ₹289.95; Nifty −0.8% over the same session.

Bulletin at 16:11 IST on 21 Jul 2026. Every change is measured from ₹289.95, the last close before it, on 21 Jul. Nifty 50 is measured over the same sessions.

  • AFCONS close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
AFCONS closes around the bulletin against the close before the news, with Nifty 50 rebased to it217.35289.95362.55axis spans 67%before the news · 21 Jul289.95Nifty 50AFCONSbulletinD0+1+3+515 Jul27 Jul5 AugReference close ₹289.95. 16 sessions from 15 Jul to 5 Aug; the price axis spans 67 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 %
Before21 Jul₹289.95basebase
On the day22 Jul₹289.950.0%▼ −0.8%+0.8 pp difference
+1 session23 Jul₹283.80▼ −2.1%▼ −1.3%−0.8 pp difference
+3 sessions27 Jul₹284.25▼ −2.0%▼ −0.8%−1.2 pp difference
+5 sessions29 Jul₹282.75▼ −2.5%▲ +0.3%−2.7 pp difference
Gap at the open, % · ₹
▲ +0.5%+1.36 on 22 Jul
Day's range, % · ₹
3.5%≈ 10 high to low
Volume on the day
1.33×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 · AFCONS on the desk →

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