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MetalsMedium impactPre-market

Jindal Steel plans capacity expansion and cost reduction

pre-market1 source ↓written by the desknot a recommendation

in annual capex
₹70-80 bln
steel production
27,000 tn
inventory stands
10-11 days

Jindal Steel's management highlighted plans for capacity expansion and cost reduction during an analyst concall. The company aims for ₹70-80 bln in annual capex, targeting 27,000 tn steel production per day post-monsoon. Current inventory stands at 10-11 days, with a focus on value-added products.

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 26 Jul 2026, 07:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

JINDALSTEL closed +2.9% on the day of the news, from ₹1,035.80 to ₹1,065.70; Nifty +1.0% over the same session; futures OI −3.2%.

Bulletin at 07:03 IST on 26 Jul 2026. Every change is measured from ₹1,035.80, the last close before it, on 24 Jul. 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 it910.2610361161axis spans 28%before the news · 24 Jul1036Nifty 50JINDALSTELbulletinD0+1+3+520 Jul30 Jul10 AugFutures open interest, lotspeak 24,000Reference close ₹1,035.80. 16 sessions from 20 Jul to 10 Aug; 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 %
Before24 Jul₹1,035.80basebase
On the day27 Jul₹1,065.70▲ +2.9%▲ +1.0%+1.9 pp difference
+1 session28 Jul₹1,054.40▲ +1.8%▲ +0.9%+0.9 pp difference
+3 sessions30 Jul₹1,093.70▲ +5.6%▲ +2.3%+3.3 pp difference
+5 sessions3 Aug₹1,105.10▲ +6.7%▲ +4.2%+2.5 pp difference
Gap at the open, % · ₹
▲ +1.9%+19.16 on 27 Jul
Day's range, % · ₹
3.1%≈ 32 high to low
Volume on the day
2.15×the 20-session average
Futures OI on the day
▼ −3.2%−730 lots · short covering · price +2.9%
Futures OI open, lots
22,00027 Jul · 28 Jul expiry
Futures premium, ₹
−0.70−0.1% to spot
Puts per call, by OI
0.65from 0.86 the session before
Max pain
1,070from 1,070 the session before

Source NSE UDiFF bhavcopy · JINDALSTEL on the desk →

Thread · JINDALSTELAll JINDALSTEL bulletins →

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