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JSW Steel plans capacity expansion with minimal external funding

after close1 source ↓written by the desknot a recommendation

in hot-rolled flat
40% market share
in demand
50 million ton increase

JSW Steel aims to double production capacity in India with minimal external funding, as stated by co-managing director Jayant Acharya. The company currently holds a 40% market share in hot-rolled flat steel and anticipates a 50 million ton increase in demand by 2032. This expansion is crucial to maintain its competitive position in a growing market.

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 20 May 2026, 16:07 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

JSWSTEEL closed −0.1% on the day of the news, from ₹1,283.20 to ₹1,281.30; Nifty 0.0% over the same session; futures OI −1.2%.

Bulletin at 16:07 IST on 20 May 2026. Every change is measured from ₹1,283.20, the last close before it, on 20 May. 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 it117212831395axis spans 19%before the news · 20 May1283Nifty 50JSWSTEELbulletinD0+1+3+514 May26 May5 JunFutures open interest, lotspeak 74,000Reference close ₹1,283.20. 16 sessions from 14 May to 5 Jun; 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 May₹1,283.20basebase
On the day21 May₹1,281.30▼ −0.1%0.0%−0.1 pp difference
+1 session22 May₹1,285.50▲ +0.2%▲ +0.3%−0.1 pp difference
+3 sessions26 May₹1,293.60▲ +0.8%▲ +1.1%−0.3 pp difference
+5 sessions29 May₹1,278.00▼ −0.4%▼ −0.5%+0.1 pp difference
Gap at the open, % · ₹
▲ +0.8%+9.75 on 21 May
Day's range, % · ₹
1.6%≈ 20 high to low
Volume on the day
2.79×the 20-session average
Futures OI on the day
▼ −1.2%−900 lots · long unwinding · price −0.1%
Futures OI open, lots
73,00021 May · 26 May expiry
Futures premium, ₹
+0.80+0.1% to spot
Puts per call, by OI
0.55from 0.51 the session before
Max pain
1,280from 1,280 the session before

Source NSE UDiFF bhavcopy · JSWSTEEL on the desk →

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