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RVNL and TTIPL form joint venture for ₹1,272 crore highway

Rail Vikas Nigam and Tracks & Towers Infratech have formed a joint venture to build a ₹1,272 crore highway in Jharkhand. The project aims to enhance connectivity along the Varanasi-Ranchi-Kolkata route and follows a recent MoU with NHAI.

pre-market1 source ↓written by the desknot a recommendation

segment in Jharkhand
6-lane highway
under the Bharatmala
₹1,272 cr
with NHAI
31 Mar 2023

Rail Vikas Nigam (RVNL) has partnered with Tracks & Towers Infratech Private Ltd. (TTIPL) to establish Chatra Expressways Private Limited. This joint venture will construct a 6-lane highway segment in Jharkhand, costing ₹1,272 cr under the Bharatmala Pariyojana. The project aims to enhance regional connectivity and is expected to boost infrastructure development in the area.

• Project covers kilometers 184.700 to 222.000

• Follows MoU with NHAI on 31 Mar 2023

• Executed on a Hybrid Annuity Mode basis

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 28 Jul 2026, 07:02 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

RVNL closed −1.2% on the day of the news, from ₹223.95 to ₹221.34; Nifty 0.0% over the same session; futures OI +1.7%.

Bulletin at 07:02 IST on 28 Jul 2026. Every change is measured from ₹223.95, the last close before it, on 27 Jul. Nifty 50 is measured over the same sessions.

  • RVNL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
RVNL closes around the bulletin against the close before the news, with Nifty 50 rebased to it194.48223.95253.42axis spans 30%before the news · 27 Jul223.95Nifty 50RVNLbulletinD0+1+3+521 Jul31 Jul11 AugFutures open interest, lotspeak 26,000Reference close ₹223.95. 16 sessions from 21 Jul to 11 Aug; the price axis spans 30 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 %
Before27 Jul₹223.95basebase
On the day28 Jul₹221.34▼ −1.2%0.0%−1.1 pp difference
+1 session29 Jul₹224.83▲ +0.4%▲ +1.1%−0.7 pp difference
+3 sessions31 Jul₹225.48▲ +0.7%▲ +1.6%−0.9 pp difference
+5 sessions4 Aug₹231.40▲ +3.3%▲ +2.6%+0.8 pp difference
Gap at the open, % · ₹
▲ +0.2%+0.54 on 28 Jul
Day's range, % · ₹
1.9%≈ 4.3 high to low
Volume on the day
0.90×the 20-session average
Futures OI on the day
▲ +1.7%+360 lots · short build-up · price −1.2%
Futures OI open, lots
21,00028 Jul · 28 Jul expiry
Futures premium, ₹
+0.14+0.1% to spot
Puts per call, by OI
0.54from 0.52 the session before
Max pain
240from 240 the session before

Source NSE UDiFF bhavcopy · RVNL on the desk →

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