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Vedanta secures 500 MW PPA from Tamil Nadu utility

after close1 source ↓written by the desknot a recommendation

Vedanta Limited has secured a 500 MW Power Purchase Agreement (PPA) from Tamil Nadu Power Distribution Corporation Limited. This agreement enhances revenue visibility ahead of the company's proposed demerger and marks a significant milestone in its Independent Power Producer (IPP) growth. The power will be supplied by Meenakshi Energy and Chhattisgarh Thermal Power Plant units, reinforcing Vedanta's position in India's energy sector.

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 7 Nov 2025, 16:06 IST.

Sourcesnews.google.com

The market after the news

VEDL closed +0.9% on the day of the news, from ₹515.05 to ₹519.60; Nifty +0.3% over the same session; futures OI +0.3%.

Bulletin at 16:06 IST on 7 Nov 2025. Every change is measured from ₹515.05, the last close before it, on 7 Nov. 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 it454.69515.05575.41axis spans 27%before the news · 7 Nov515.05Nifty 50VEDLbulletinD0+1+3+531 Oct13 Nov24 NovFutures open interest, lotspeak 98,000Reference close ₹515.05. 16 sessions from 31 Oct to 24 Nov; 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 %
Before7 Nov₹515.05basebase
On the day10 Nov₹519.60▲ +0.9%▲ +0.3%+0.6 pp difference
+1 session11 Nov₹523.85▲ +1.7%▲ +0.8%+0.9 pp difference
+3 sessions13 Nov₹529.60▲ +2.8%▲ +1.5%+1.3 pp difference
+5 sessions17 Nov₹520.80▲ +1.1%▲ +2.0%−0.9 pp difference
Gap at the open, % · ₹
▲ +1.2%+5.97 on 10 Nov
Day's range, % · ₹
1.6%≈ 8.3 high to low
Volume on the day
0.84×the 20-session average
Futures OI on the day
▲ +0.3%+310 lots · long build-up · price +0.9%
Futures OI open, lots
96,00010 Nov · 25 Nov expiry
Futures premium, ₹
+2.55+0.5% to spot
Puts per call, by OI
0.76from 0.76 the session before
Max pain
500from 500 the session before

Source NSE UDiFF bhavcopy · VEDL on the desk →

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