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ConstructionMedium impactAfter close

JSW Cement faces ₹2.3 bn GST demand notice

after close1 source ↓written by the desknot a recommendation

for the period
₹2.3 bn
in Integrated GST
₹1.22 bn
each in Central
₹540.5 mn

JSW Cement received a GST demand notice of ₹2.3 bn for the period from April 2022 to March 2024. The notice cites alleged short payment, including ₹1.22 bn in Integrated GST and ₹540.5 mn each in Central and State GST. The company believes the financial impact will be limited and is preparing its response.

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 28 Sept 2026, 16:19 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

JSWSTEEL closed +0.7% on the day of the news, from ₹1,264.10 to ₹1,272.40; Nifty −0.3% over the same session; futures OI +1.4%.

Bulletin at 16:19 IST on 28 Sept 2026. Every change is measured from ₹1,264.10, the last close before it, on 28 Sept. 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 it115412641374axis spans 19%before the news · 28 Sept1264Nifty 50JSWSTEELbulletinD0+122 Sept28 Sept1 OctFutures open interest, lotspeak 62,000Reference close ₹1,264.10. 8 sessions from 22 Sept to 1 Oct; 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 %
Before28 Sept₹1,264.10basebase
On the day29 Sept₹1,272.40▲ +0.7%▼ −0.3%+0.9 pp difference
+1 session30 Sept₹1,253.40▼ −0.8%▼ −0.7%−0.1 pp difference
+3 sessionsnot reached yet———
+5 sessionsnot reached yet———
Gap at the open, % · ₹
▼ −0.3%−3.41 on 29 Sept
Day's range, % · ₹
2.0%≈ 26 high to low
Volume on the day
1.87×the 20-session average
Futures OI on the day
▲ +1.4%+870 lots · long build-up · price +0.7%
Futures OI open, lots
62,00029 Sept · 29 Sept expiry
Futures premium, ₹
−5.80−0.5% to spot
Puts per call, by OI
0.65from 0.62 the session before
Max pain
1,300from 1,280 the session before

Source NSE UDiFF bhavcopy · JSWSTEEL on the desk →

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