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JSW Group to invest ₹1,500 crore in Punjab steel project

JSW Group announced a ₹1,500 crore investment in a steel project in Rajpura, Punjab, aimed at boosting manufacturing capacity and job creation. This initiative aligns with the upcoming Invest Punjab Summit scheduled for 13 March.

pre-market1 source ↓written by the desknot a recommendation

in a steel
₹1,500 crore
13 March

The JSW Group plans to invest ₹1,500 crore in a steel project at Rajpura, Punjab, following a meeting between state officials and Chairman Sajjan Jindal. This investment aims to enhance steel manufacturing capacity and create jobs in the region.

The project is part of broader industrial expansion efforts ahead of the Invest Punjab Summit on 13 March. Jindal also indicated potential investments in sectors like defence, automobiles, and renewable energy.

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 22 Feb 2026, 07:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

JSWSTEEL closed +0.4% on the day of the news, from ₹1,235.80 to ₹1,240.50; Nifty +0.6% over the same session; futures OI −0.8%.

Bulletin at 07:04 IST on 22 Feb 2026. Every change is measured from ₹1,235.80, the last close before it, on 20 Feb. 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 it112912361343axis spans 19%before the news · 20 Feb1236Nifty 50JSWSTEELbulletinD0+1+3+516 Feb26 Feb10 MarFutures open interest, lotspeak 81,000Reference close ₹1,235.80. 16 sessions from 16 Feb to 10 Mar; 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 %
Before20 Feb₹1,235.80basebase
On the day23 Feb₹1,240.50▲ +0.4%▲ +0.6%−0.2 pp difference
+1 session24 Feb₹1,254.50▲ +1.5%▼ −0.6%+2.1 pp difference
+3 sessions26 Feb₹1,280.60▲ +3.6%▼ −0.3%+3.9 pp difference
+5 sessions2 Mar₹1,267.30▲ +2.5%▼ −2.8%+5.3 pp difference
Gap at the open, % · ₹
▲ +0.3%+4.20 on 23 Feb
Day's range, % · ₹
1.6%≈ 20 high to low
Volume on the day
0.52×the 20-session average
Futures OI on the day
▼ −0.8%−640 lots · short covering · price +0.4%
Futures OI open, lots
79,00023 Feb · 24 Feb expiry
Futures premium, ₹
−2.80−0.2% to spot
Puts per call, by OI
0.90from 0.91 the session before
Max pain
1,230from 1,230 the session before

Source NSE UDiFF bhavcopy · JSWSTEEL on the desk →

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