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SAIL signs 28-year iron ore mining contract with Kalinga

pre-market1 source ↓written by the desknot a recommendation

to Kalinga Commercial
28-year mining contract

In a significant move, Steel Authority of India Ltd (SAIL) has awarded a 28-year mining contract to Kalinga Commercial Corporation for the 14 Mt/y Rowghat iron ore project in Chhattisgarh. This agreement includes a three-year construction phase and aims to bolster SAIL's raw material security and enhance iron ore supply for its steel plants. The project is pivotal for ensuring long-term sustainability in production.

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 Dec 2025, 07:07 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SAIL closed −1.1% on the day of the news, from ₹127.27 to ₹125.91; Nifty +0.6% over the same session; futures OI +0.3%.

Bulletin at 07:07 IST on 19 Dec 2025. Every change is measured from ₹127.27, the last close before it, on 18 Dec. Nifty 50 is measured over the same sessions.

  • SAIL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
SAIL closes around the bulletin against the close before the news, with Nifty 50 rebased to it109.40130.13150.85axis spans 38%before the news · 18 Dec127.27Nifty 50SAILbulletinD0+1+3+512 Dec24 Dec5 JanFutures open interest, lotspeak 44,000Reference close ₹127.27. 16 sessions from 12 Dec to 5 Jan; the price axis spans 38 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 %
Before18 Dec₹127.27basebase
On the day19 Dec₹125.91▼ −1.1%▲ +0.6%−1.6 pp difference
+1 session22 Dec₹130.06▲ +2.2%▲ +1.4%+0.8 pp difference
+3 sessions24 Dec₹131.85▲ +3.6%▲ +1.3%+2.3 pp difference
+5 sessions29 Dec₹134.09▲ +5.4%▲ +0.5%+4.9 pp difference
Gap at the open, % · ₹
▲ +0.1%+0.11 on 19 Dec
Day's range, % · ₹
2.9%≈ 3.7 high to low
Volume on the day
1.54×the 20-session average
Futures OI on the day
▲ +0.3%+120 lots · short build-up · price −1.1%
Futures OI open, lots
38,00019 Dec · 30 Dec expiry
Futures premium, ₹
+0.15+0.1% to spot
Puts per call, by OI
0.55from 0.55 the session before
Max pain
130from 132 the session before

Source NSE UDiFF bhavcopy · SAIL on the desk →

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