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Supreme Court upholds ₹127 crore liability on Vedanta subsidiary

after close1 source ↓written by the desknot a recommendation

The Supreme Court has upheld a liability of ₹127 crore on Vedanta's subsidiary, Talwandi Sabo Power Ltd, in a power dispute with Punjab State Power Corporation Ltd. This ruling reinstates a prior order from the Punjab State Electricity Regulatory Commission after overturning a decision by the Appellate Tribunal for Electricity.

This decision may impact investor sentiment towards Vedanta as it faces additional financial obligations related to the penalty for alleged misdeclaration of power availability in January 2017. 📉

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, 16:09 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

VEDL closed +0.8% on the day of the news, from ₹329.95 to ₹332.50; Nifty +1.3% over the same session; futures OI −4.5%.

Bulletin at 16:09 IST on 23 May 2026. Every change is measured from ₹329.95, the last close before it, on 22 May. Nifty 50 is measured over the same sessions.

  • VEDL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
VEDL closes around the bulletin against the close before the news, with Nifty 50 rebased to it291.28329.95368.62axis spans 27%before the news · 22 May329.95Nifty 50VEDLbulletinD0+1+3+518 May29 May9 JunFutures open interest, lotspeak 44,000Reference close ₹329.95. 16 sessions from 18 May to 9 Jun; the price axis spans 27 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₹329.95basebase
On the day25 May₹332.50▲ +0.8%▲ +1.3%−0.6 pp difference
+1 session26 May₹344.90▲ +4.5%▲ +0.8%+3.7 pp difference
+3 sessions29 May₹352.60▲ +6.9%▼ −0.7%+7.6 pp difference
+5 sessions2 Jun₹333.55▲ +1.1%▼ −1.0%+2.1 pp difference
Gap at the open, % · ₹
▲ +0.9%+3.04 on 25 May
Day's range, % · ₹
1.5%≈ 4.9 high to low
Volume on the day
0.24×the 20-session average
Futures OI on the day
▼ −4.5%−1,800 lots · short covering · price +0.8%
Futures OI open, lots
39,00025 May · 26 May expiry
Futures premium, ₹
0.000.0% to spot
Puts per call, by OI
0.87from 0.70 the session before
Max pain
320from 320 the session before

Source NSE UDiFF bhavcopy · VEDL on the desk →

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