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EnergyHigh impactAfter close

Sarda Energy reports strong profit growth and capacity expansion

after close1 source ↓written by the desknot a recommendation

was recommended
₹2 per share dividend

Sarda Energy & Minerals Limited reported strong profit growth with revenue and net profit rising sharply year-over-year, attributed to the SKS Power acquisition and robust performance in the power segment. A ₹2 per share dividend was recommended, alongside approval for a major pellet plant expansion to meet increasing demand.

This expansion is expected to enhance production capacity and support future growth, positively impacting market sentiment.

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 23 May 2026, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SARDAEN closed −4.3% on the day of the news, from ₹568.35 to ₹543.90; Nifty +1.3% over the same session.

Bulletin at 16:03 IST on 23 May 2026. Every change is measured from ₹568.35, the last close before it, on 22 May. Nifty 50 is measured over the same sessions.

  • SARDAEN close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
SARDAEN closes around the bulletin against the close before the news, with Nifty 50 rebased to it503.33568.35633.37axis spans 26%before the news · 22 May568.35Nifty 50SARDAENbulletinD0+1+3+518 May29 May9 JunReference close ₹568.35. 16 sessions from 18 May to 9 Jun; the price axis spans 26 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 %
Before22 May₹568.35basebase
On the day25 May₹543.90▼ −4.3%▲ +1.3%−5.6 pp difference
+1 session26 May₹532.90▼ −6.2%▲ +0.8%−7.1 pp difference
+3 sessions29 May₹511.95▼ −9.9%▼ −0.7%−9.2 pp difference
+5 sessions2 Jun₹520.30▼ −8.4%▼ −1.0%−7.5 pp difference
Gap at the open, % · ₹
▲ +0.6%+3.64 on 25 May
Day's range, % · ₹
7.0%≈ 40 high to low
Volume on the day
2.54×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · SARDAEN on the desk →

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