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POWERGRID secures ₹2,722 Cr LoI for transmission project

after close1 source ↓written by the desknot a recommendation

transmission project aimed
₹2,722 crore
for refurbishing
₹1,226.93 crore

Power Grid Corporation of India Limited (POWERGRID) has received a Letter of Intent for the ₹2,722 crore transmission project aimed at enhancing inter-regional grid reliability. Additionally, the Board approved ₹1,226.93 crore for refurbishing the Bhadrawati HVDC system. These developments are crucial for strengthening India's power transmission 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 17 Dec 2025, 16:07 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

POWERGRID closed −1.2% on the day of the news, from ₹261.10 to ₹257.95; Nifty 0.0% over the same session; futures OI +5.2%.

Bulletin at 16:07 IST on 17 Dec 2025. Every change is measured from ₹261.10, the last close before it, on 17 Dec. Nifty 50 is measured over the same sessions.

  • POWERGRID close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
POWERGRID closes around the bulletin against the close before the news, with Nifty 50 rebased to it239.06261.10283.14axis spans 18%before the news · 17 Dec261.10Nifty 50POWERGRIDbulletinD0+1+3+511 Dec23 Dec2 JanFutures open interest, lotspeak 52,000Reference close ₹261.10. 16 sessions from 11 Dec to 2 Jan; the price axis spans 18 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 %
Before17 Dec₹261.10basebase
On the day18 Dec₹257.95▼ −1.2%0.0%−1.2 pp difference
+1 session19 Dec₹263.45▲ +0.9%▲ +0.6%+0.3 pp difference
+3 sessions23 Dec₹267.00▲ +2.3%▲ +1.4%+0.9 pp difference
+5 sessions26 Dec₹265.45▲ +1.7%▲ +0.9%+0.8 pp difference
Gap at the open, % · ₹
▼ −0.1%−0.34 on 18 Dec
Day's range, % · ₹
2.3%≈ 5.9 high to low
Volume on the day
0.95×the 20-session average
Futures OI on the day
▲ +5.2%+2,300 lots · short build-up · price −1.2%
Futures OI open, lots
46,00018 Dec · 30 Dec expiry
Futures premium, ₹
+0.80+0.3% to spot
Puts per call, by OI
0.60from 0.61 the session before
Max pain
270from 270 the session before

Source NSE UDiFF bhavcopy · POWERGRID on the desk →

Thread · POWERGRIDAll POWERGRID bulletins →

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