OICHARTS
8 AMThe 8 AM report →
MetalsHigh impactAfter close

Jindal Steel completes 6 MTPA expansion at Angul

after close1 source ↓written by the desknot a recommendation

at its Angul
6 MTPA expansion
total capacity
12 MTPA
now stands
15.6 MTPA

Jindal Steel has successfully completed a 6 MTPA expansion at its Angul facility, increasing total capacity to 12 MTPA. This expansion includes the commissioning of the third Basic Oxygen Furnace (BOF-3) and associated facilities, enhancing operational efficiency. The overall crude steel capacity now stands at 15.6 MTPA, positioning Jindal Steel among India's largest integrated steel complexes.

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 24 Mar 2026, 16:09 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

JINDALSTEL closed +2.0% on the day of the news, from ₹1,120.60 to ₹1,143.00; Nifty +1.7% over the same session; futures OI −2.1%.

Bulletin at 16:09 IST on 24 Mar 2026. Every change is measured from ₹1,120.60, the last close before it, on 24 Mar. 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 it984.7811211256axis spans 28%before the news · 24 Mar1121Nifty 50JINDALSTELbulletinD0+1+3+518 Mar1 Apr13 AprFutures open interest, lotspeak 20,000Reference close ₹1,120.60. 16 sessions from 18 Mar to 13 Apr; 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 Mar₹1,120.60basebase
On the day25 Mar₹1,143.00▲ +2.0%▲ +1.7%+0.3 pp difference
+1 session27 Mar₹1,131.40▲ +1.0%▼ −0.4%+1.4 pp difference
+3 sessions1 Apr₹1,137.40▲ +1.5%▼ −1.0%+2.5 pp difference
+5 sessions6 Apr₹1,134.00▲ +1.2%▲ +0.2%+1.0 pp difference
Gap at the open, % · ₹
▲ +1.0%+11.65 on 25 Mar
Day's range, % · ₹
2.1%≈ 24 high to low
Volume on the day
0.88×the 20-session average
Futures OI on the day
▼ −2.1%−410 lots · short covering · price +2.0%
Futures OI open, lots
19,00025 Mar · 30 Mar expiry
Futures premium, ₹
+1.70+0.1% to spot
Puts per call, by OI
0.95from 0.85 the session before
Max pain
1,180from 1,180 the session before

Source NSE UDiFF bhavcopy · JINDALSTEL on the desk →

Thread · JINDALSTELAll JINDALSTEL bulletins →

Related