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Jindal India completes ₹1,500 cr expansion in West Bengal

pre-market1 source ↓written by the desknot a recommendation

expansion in West
₹1,500 cr
production capacity
60,000 tonnes per month
boost revenue
75% in FY'27

Jindal (India) Ltd has completed a ₹1,500 cr expansion in West Bengal, enhancing its production capacity to 60,000 tonnes per month. The new high-speed continuous colour coating line at its Howrah facility is expected to boost revenue by 75% in FY'27. This expansion follows the commissioning of additional facilities earlier this year.

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 20 May 2026, 07:08 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

JINDALSTEL closed −0.3% on the day of the news, from ₹1,226.30 to ₹1,223.10; Nifty +0.2% over the same session; futures OI +2.5%.

Bulletin at 07:08 IST on 20 May 2026. Every change is measured from ₹1,226.30, the last close before it, on 19 May. Nifty 50 is measured over the same sessions.

  • JINDALSTEL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
JINDALSTEL closes around the bulletin against the close before the news, with Nifty 50 rebased to it107812261375axis spans 28%before the news · 19 May1226Nifty 50JINDALSTELbulletinD0+1+3+513 May25 May4 JunFutures open interest, lotspeak 21,000Reference close ₹1,226.30. 16 sessions from 13 May to 4 Jun; the price axis spans 28 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 %
Before19 May₹1,226.30basebase
On the day20 May₹1,223.10▼ −0.3%▲ +0.2%−0.4 pp difference
+1 session21 May₹1,196.80▼ −2.4%▲ +0.2%−2.6 pp difference
+3 sessions25 May₹1,212.30▼ −1.1%▲ +1.8%−2.9 pp difference
+5 sessions27 May₹1,220.60▼ −0.5%▲ +1.2%−1.7 pp difference
Gap at the open, % · ₹
▼ −0.9%−11.28 on 20 May
Day's range, % · ₹
3.5%≈ 43 high to low
Volume on the day
0.87×the 20-session average
Futures OI on the day
▲ +2.5%+480 lots · short build-up · price −0.3%
Futures OI open, lots
20,00020 May · 26 May expiry
Futures premium, ₹
+3.90+0.3% to spot
Puts per call, by OI
0.61from 0.58 the session before
Max pain
1,250from 1,250 the session before

Source NSE UDiFF bhavcopy · JINDALSTEL on the desk →

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