OICHARTS
8 AMThe 8 AM report →
MetalsHigh impactAfter close

JFE Steel completes ₹15,750 crore investment in JSW Steel JV

after close1 source ↓written by the desknot a recommendation

investment
₹15,750 crore
after purchasing
50% stake
purchasing an additional
25% stake
₹7,875 crore

Japan's JFE Steel Corporation has finalized its ₹15,750 crore investment in JSW JFE Kalinga Steel Ltd., acquiring a 50% stake after purchasing an additional 25% stake for ₹7,875 crore. This marks the completion of the second tranche of the transaction, solidifying joint control over the venture.

This investment is significant for both companies, enhancing their operational capabilities in the steel 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 30 Jun 2026, 16:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

JSWSTEEL closed −0.8% on the day of the news, from ₹1,226.40 to ₹1,216.20; Nifty +0.6% over the same session; futures OI +0.8%.

Bulletin at 16:06 IST on 30 Jun 2026. Every change is measured from ₹1,226.40, the last close before it, on 30 Jun. Nifty 50 is measured over the same sessions.

  • JSWSTEEL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
JSWSTEEL closes around the bulletin against the close before the news, with Nifty 50 rebased to it112012261333axis spans 19%before the news · 30 Jun1226Nifty 50JSWSTEELbulletinD0+1+3+523 Jun6 Jul15 JulFutures open interest, lotspeak 67,000Reference close ₹1,226.40. 16 sessions from 23 Jun to 15 Jul; the price axis spans 19 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 %
Before30 Jun₹1,226.40basebase
On the day1 Jul₹1,216.20▼ −0.8%▲ +0.6%−1.4 pp difference
+1 session2 Jul₹1,223.80▼ −0.2%▲ +1.3%−1.5 pp difference
+3 sessions6 Jul₹1,243.20▲ +1.4%▲ +2.4%−1.0 pp difference
+5 sessions8 Jul₹1,219.50▼ −0.6%▲ +0.1%−0.6 pp difference
Gap at the open, % · ₹
▲ +0.3%+3.19 on 1 Jul
Day's range, % · ₹
1.7%≈ 21 high to low
Volume on the day
1.12×the 20-session average
Futures OI on the day
▲ +0.8%+540 lots · short build-up · price −0.8%
Futures OI open, lots
67,0001 Jul · 28 Jul expiry
Futures premium, ₹
−1.30−0.1% to spot
Puts per call, by OI
0.83from 0.65 the session before
Max pain
1,240from 1,280 the session before

Source NSE UDiFF bhavcopy · JSWSTEEL on the desk →

Thread · JSWSTEELAll JSWSTEEL bulletins →

Related