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EnergyManufacturingHigh impactAfter close

NLC India and NALCO form JV for 1,080 MW power plant

after close1 source ↓written by the desknot a recommendation

to develop
50:50 Joint Venture Agreement
aims to enhance
4×270 MW project

NLC India Limited and National Aluminium Company Limited have signed a 50:50 Joint Venture Agreement to develop a 1,080 MW coal-based captive thermal power plant in Angul, Odisha. This 4×270 MW project aims to enhance energy security and support NALCO’s expansion plans.

The partnership will ensure a reliable long-term power supply, reinforcing India’s industrial growth and energy infrastructure.

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 9 Jul 2026, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

NLCINDIA closed +3.8% on the day of the news, from ₹303.25 to ₹314.90; Nifty +1.0% over the same session.

Bulletin at 16:03 IST on 9 Jul 2026. Every change is measured from ₹303.25, the last close before it, on 9 Jul. 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 it269.29303.25337.21axis spans 25%before the news · 9 Jul303.25Nifty 50NLCINDIAbulletinD0+1+3+53 Jul15 Jul24 JulReference close ₹303.25. 16 sessions from 3 Jul to 24 Jul; 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 %
Before9 Jul₹303.25basebase
On the day10 Jul₹314.90▲ +3.8%▲ +1.0%+2.8 pp difference
+1 session13 Jul₹304.65▲ +0.5%▲ +1.0%−0.6 pp difference
+3 sessions15 Jul₹302.30▼ −0.3%▲ +0.5%−0.8 pp difference
+5 sessions17 Jul₹295.60▼ −2.5%▲ +1.6%−4.1 pp difference
Gap at the open, % · ₹
▲ +0.9%+2.76 on 10 Jul
Day's range, % · ₹
4.2%≈ 13 high to low
Volume on the day
0.76×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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