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CementConstructionHigh impactAfter close

JSW Cement to merge with Shiva Cement in strategic deal

after close1 source ↓machine-written, see hownot a recommendation

pending regulatory approvals
12 to 14 months
of JSW
5 equity shares
of Shiva
41 shares

JSW Cement announced a merger with Shiva Cement, expected to complete in 12 to 14 months pending regulatory approvals. The exchange ratio is 5 equity shares of JSW for 41 shares of Shiva. This consolidation aims to enhance operational efficiency and reduce costs, leveraging Shiva's clinker manufacturing facility for better supply-chain management.

Not investment advice. For informational purposes only.

This bulletin was generated by OI Charts' system from the sources listed here and from OI Charts market data, and was published without individual review. Read how bulletins are made or report an error. OI Charts is not a SEBI-registered investment adviser or research analyst. This 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 6 Oct 2026, 16:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

JSWSTEEL closed −2.4% on the day of the news, from ₹1,259.60 to ₹1,230.00; Nifty −0.8% over the same session; futures OI +0.6%.

Bulletin at 16:04 IST on 6 Oct 2026. Every change is measured from ₹1,259.60, the last close before it, on 6 Oct. 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 it113712601382axis spans 22%before the news · 6 Oct1260Nifty 50JSWSTEELbulletinD0+1+3+529 Sept7 Oct14 OctFutures open interest, lotspeak 66,000Reference close ₹1,259.60. 11 sessions from 29 Sept to 14 Oct; the price axis spans 22 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 %
Before6 Oct₹1,259.60basebase
On the day7 Oct₹1,230.00▼ −2.4%▼ −0.8%−1.6 pp difference
+1 session8 Oct₹1,175.20▼ −6.7%▼ −2.4%−4.3 pp difference
+3 sessions12 Oct₹1,173.00▼ −6.9%▼ −1.8%−5.1 pp difference
+5 sessions14 Oct₹1,176.20▼ −6.6%▼ −0.7%−6.0 pp difference
Gap at the open, % · ₹
▼ −0.8%−10.58 on 7 Oct
Day's range, % · ₹
2.1%≈ 27 high to low
Volume on the day
1.26×the 20-session average
Futures OI on the day
▲ +0.6%+360 lots · short build-up · price −2.4%
Futures OI open, lots
60,0007 Oct · 27 Oct expiry
Futures premium, ₹
+3.10+0.3% to spot
Puts per call, by OI
0.95from 0.85 the session before
Max pain
1,260from 1,270 the session before

Source NSE UDiFF bhavcopy · JSWSTEEL on the desk →

Sector · Cement, Construction

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