OICHARTS
8 AMThe 8 AM report →
MetalsMiningHigh impactAfter close

JSW Steel completes acquisition of 92.19% stake in Minas de Revuboe

JSW Steel's subsidiary completed the acquisition of 92.19% stake in Minas de Revuboe for USD 74.24 million on 25 March 2026. The stock rose 1.97% to ₹1,156.00, indicating positive market sentiment.

after close1 source ↓written by the desknot a recommendation

of Minas de
92.19%
was finalized
25 March 2026
stock closed
₹1,156.00
increase
1.97%

JSW Steel's subsidiary, JSW Natural Resources Limited, has successfully acquired 92.19% of Minas de Revuboe Limitada, a premium coking coal project in Mozambique, for USD 74.24 million. The transaction was finalized on 25 March 2026.

This acquisition enhances JSW's resource base, potentially impacting its operational capacity and market positioning in the steel sector. The stock closed at ₹1,156.00, reflecting a 1.97% increase, signaling positive market sentiment following the announcement.

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 26 Mar 2026, 16:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

JSWSTEEL closed −2.2% on the day of the news, from ₹1,156.00 to ₹1,130.30; Nifty −2.1% over the same session; futures OI +0.1%.

Bulletin at 16:04 IST on 26 Mar 2026. Every change is measured from ₹1,156.00, the last close before it, on 25 Mar. 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 it105611561256axis spans 19%before the news · 25 Mar1156Nifty 50JSWSTEELbulletinD0+1+3+519 Mar2 Apr15 AprFutures open interest, lotspeak 76,000Reference close ₹1,156.00. 16 sessions from 19 Mar to 15 Apr; 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 %
Before25 Mar₹1,156.00basebase
On the day27 Mar₹1,130.30▼ −2.2%▼ −2.1%−0.1 pp difference
+1 session30 Mar₹1,122.50▼ −2.9%▼ −4.2%+1.3 pp difference
+3 sessions2 Apr₹1,141.30▼ −1.3%▼ −2.5%+1.3 pp difference
+5 sessions7 Apr₹1,151.90▼ −0.3%▼ −0.8%+0.4 pp difference
Gap at the open, % · ₹
▼ −0.5%−6.01 on 27 Mar
Day's range, % · ₹
2.1%≈ 24 high to low
Volume on the day
1.51×the 20-session average
Futures OI on the day
▲ +0.1%+95 lots · short build-up · price −2.2%
Futures OI open, lots
76,00027 Mar · 30 Mar expiry
Futures premium, ₹
+0.300.0% to spot
Puts per call, by OI
0.46from 0.48 the session before
Max pain
1,200from 1,200 the session before

Source NSE UDiFF bhavcopy · JSWSTEEL on the desk →

Thread · JSWSTEELAll JSWSTEEL bulletins →

Related