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Jindal Steel reports strong FY26 earnings with capacity expansion

after close1 source ↓written by the desknot a recommendation

increasing capacity
9.6 million tonnes
per annum
15.6 million tonnes
YoY
8% increase
reflecting
18% growth

Jindal Steel Limited reported a transformative FY26, increasing capacity from 9.6 million tonnes to 15.6 million tonnes per annum. The company achieved consolidated gross revenue of ₹62,412 cr, an 8% increase YoY, with profit after tax at ₹3,361 cr, reflecting 18% growth. This growth is supported by the ramp-up of the Angul facility and strategic investments in raw material security.

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 May 2026, 16:11 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

JINDALSTEL closed −0.8% on the day of the news, from ₹1,258.20 to ₹1,248.40; Nifty −0.6% over the same session; futures OI −0.5%.

Bulletin at 16:11 IST on 7 May 2026. Every change is measured from ₹1,258.20, the last close before it, on 7 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 it110612581411axis spans 28%before the news · 7 May1258Nifty 50JINDALSTELbulletinD0+1+3+530 Apr13 May22 MayFutures open interest, lotspeak 21,000Reference close ₹1,258.20. 16 sessions from 30 Apr to 22 May; 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 %
Before7 May₹1,258.20basebase
On the day8 May₹1,248.40▼ −0.8%▼ −0.6%−0.2 pp difference
+1 session11 May₹1,232.00▼ −2.1%▼ −2.1%0.0 pp difference
+3 sessions13 May₹1,242.90▼ −1.2%▼ −3.8%+2.5 pp difference
+5 sessions15 May₹1,232.00▼ −2.1%▼ −2.8%+0.7 pp difference
Gap at the open, % · ₹
0.0%0.00 on 8 May
Day's range, % · ₹
1.6%≈ 21 high to low
Volume on the day
0.63×the 20-session average
Futures OI on the day
▼ −0.5%−99 lots · long unwinding · price −0.8%
Futures OI open, lots
20,0008 May · 26 May expiry
Futures premium, ₹
+6.00+0.5% to spot
Puts per call, by OI
0.68from 0.71 the session before
Max pain
1,260from 1,260 the session before

Source NSE UDiFF bhavcopy · JINDALSTEL on the desk →

Thread · JINDALSTELAll JINDALSTEL bulletins →

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