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ManufacturingPre-market

JSW Paints to raise ₹3,300 cr for Akzo Nobel acquisition

pre-market1 source ↓written by the desknot a recommendation

through non-convertible debentures
₹3,300 crore
acquisition of Akzo
₹12,915 crore

JSW Paints plans to raise ₹3,300 crore through non-convertible debentures to fund its ₹12,915 crore acquisition of Akzo Nobel India Ltd. This move will position JSW Paints among India's largest players in the paints sector. The NCDs, rated ‘AA- (Stable)’ by ICRA, will have a five-year term with partial annual coupon payments.

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 8 Nov 2025, 07:07 IST.

Sourcesnews.google.com

The market after the news

JSWSTEEL closed +0.7% on the day of the news, from ₹1,171.70 to ₹1,179.30; Nifty +0.3% over the same session; futures OI −0.1%.

Bulletin at 07:07 IST on 8 Nov 2025. Every change is measured from ₹1,171.70, the last close before it, on 7 Nov. 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 it107011721273axis spans 19%before the news · 7 Nov1172Nifty 50JSWSTEELbulletinD0+1+3+531 Oct13 Nov24 NovFutures open interest, lotspeak 69,000Reference close ₹1,171.70. 16 sessions from 31 Oct to 24 Nov; 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 %
Before7 Nov₹1,171.70basebase
On the day10 Nov₹1,179.30▲ +0.7%▲ +0.3%+0.3 pp difference
+1 session11 Nov₹1,191.50▲ +1.7%▲ +0.8%+0.9 pp difference
+3 sessions13 Nov₹1,183.90▲ +1.0%▲ +1.5%−0.5 pp difference
+5 sessions17 Nov₹1,175.50▲ +0.3%▲ +2.0%−1.7 pp difference
Gap at the open, % · ₹
▲ +0.2%+2.34 on 10 Nov
Day's range, % · ₹
1.1%≈ 13 high to low
Volume on the day
0.50×the 20-session average
Futures OI on the day
▼ −0.1%−71 lots · short covering · price +0.7%
Futures OI open, lots
66,00010 Nov · 25 Nov expiry
Futures premium, ₹
+5.10+0.4% to spot
Puts per call, by OI
0.59from 0.59 the session before
Max pain
1,170from 1,170 the session before

Source NSE UDiFF bhavcopy · JSWSTEEL on the desk →

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