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InfrastructureHigh impactAfter close

Patel Engineering secures ₹910 crore dam project contract

after close1 source ↓written by the desknot a recommendation

valued
₹910.08 crore
be completed
30 months

Patel Engineering Ltd has received a Letter of Acceptance from Himachal Pradesh Power Corporation Ltd (HPPCL) for the Renukaji Dam Project, valued at ₹910.08 crore. The project includes construction of three diversion tunnels and is expected to be completed within 30 months. This contract formalizes Patel's role as the lowest bidder, enhancing its order book significantly.

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 19 Mar 2026, 16:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

PATELENG closed +1.1% on the day of the news, from ₹24.66 to ₹24.92; Nifty +0.5% over the same session.

Bulletin at 16:04 IST on 19 Mar 2026. Every change is measured from ₹24.66, the last close before it, on 19 Mar. Nifty 50 is measured over the same sessions.

  • PATELENG close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
PATELENG closes around the bulletin against the close before the news, with Nifty 50 rebased to it20.9024.6628.42axis spans 36%before the news · 19 Mar24.66Nifty 50PATELENGbulletinD0+1+3+513 Mar25 Mar8 AprReference close ₹24.66. 16 sessions from 13 Mar to 8 Apr; the price axis spans 36 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 %
Before19 Mar₹24.66basebase
On the day20 Mar₹24.92▲ +1.1%▲ +0.5%+0.6 pp difference
+1 session23 Mar₹23.61▼ −4.3%▼ −2.1%−2.1 pp difference
+3 sessions25 Mar₹24.75▲ +0.4%▲ +1.3%−1.0 pp difference
+5 sessions30 Mar₹22.20▼ −10.0%▼ −2.9%−7.1 pp difference
Gap at the open, % · ₹
▲ +1.8%+0.44 on 20 Mar
Day's range, % · ₹
2.5%≈ 0.63 high to low
Volume on the day
1.17×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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