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EnergyMetalsMedium impactAfter close

NLC India forms joint venture with NALCO for power plant

after close1 source ↓written by the desknot a recommendation

to establish
50:50 joint venture

NLC India and NALCO have approved a 50:50 joint venture to establish a 1,080 MW thermal captive power plant in Angul, Odisha. This venture, named NLC NALCO Power Limited, aims to support NALCO's smelter operations and enhance long-term renewable energy agreements. The project has received clearance from the Department of Investment and Public Asset Management (DIPAM).

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 30 Sept 2026, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

NLCINDIA closed −3.3% on the day of the news, from ₹261.70 to ₹253.20; Nifty −0.9% over the same session.

Bulletin at 16:03 IST on 30 Sept 2026. Every change is measured from ₹261.70, the last close before it, on 30 Sept. Nifty 50 is measured over the same sessions.

  • NLCINDIA close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
NLCINDIA closes around the bulletin against the close before the news, with Nifty 50 rebased to it232.39261.70291.01axis spans 25%before the news · 30 Sept261.70Nifty 50NLCINDIAbulletinD024 Sept29 Sept1 OctReference close ₹261.70. 6 sessions from 24 Sept to 1 Oct; the price axis spans 25 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 %
Before30 Sept₹261.70basebase
On the day1 Oct₹253.20▼ −3.3%▼ −0.9%−2.4 pp difference
+1 sessionnot reached yet———
+3 sessionsnot reached yet———
+5 sessionsnot reached yet———
Gap at the open, % · ₹
▼ −0.2%−0.50 on 1 Oct
Day's range, % · ₹
3.6%≈ 9.4 high to low
Volume on the day
1.01×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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