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JSW Steel rating on watch after JFE joint venture announcement

after close1 source ↓written by the desknot a recommendation

slump sale
₹24,483 cr
with JFE investing
₹15,750 cr
50% stake

ICRA has placed JSW Steel's long-term rating on watch with positive implications due to a strategic joint venture with JFE Steel. The deal involves a ₹24,483 cr slump sale of Bhushan Power and Steel's assets, with JFE investing ₹15,750 cr for a 50% stake. This move is expected to enhance JSW's financial profile significantly.

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 15 Dec 2025, 16:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

JSWSTEEL closed −2.9% on the day of the news, from ₹1,114.80 to ₹1,082.60; Nifty −0.6% over the same session; futures OI +1.2%.

Bulletin at 16:05 IST on 15 Dec 2025. Every change is measured from ₹1,114.80, the last close before it, on 15 Dec. 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 it101811151212axis spans 19%before the news · 15 Dec1115Nifty 50JSWSTEELbulletinD0+1+3+59 Dec19 Dec31 DecFutures open interest, lotspeak 76,000Reference close ₹1,114.80. 16 sessions from 9 Dec to 31 Dec; 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 %
Before15 Dec₹1,114.80basebase
On the day16 Dec₹1,082.60▼ −2.9%▼ −0.6%−2.3 pp difference
+1 session17 Dec₹1,079.30▼ −3.2%▼ −0.8%−2.4 pp difference
+3 sessions19 Dec₹1,079.60▼ −3.2%▼ −0.2%−2.9 pp difference
+5 sessions23 Dec₹1,096.80▼ −1.6%▲ +0.6%−2.2 pp difference
Gap at the open, % · ₹
▼ −0.1%−0.78 on 16 Dec
Day's range, % · ₹
3.0%≈ 34 high to low
Volume on the day
1.06×the 20-session average
Futures OI on the day
▲ +1.2%+860 lots · short build-up · price −2.9%
Futures OI open, lots
73,00016 Dec · 30 Dec expiry
Futures premium, ₹
+3.10+0.3% to spot
Puts per call, by OI
0.45from 0.53 the session before
Max pain
1,130from 1,140 the session before

Source NSE UDiFF bhavcopy · JSWSTEEL on the desk →

Thread · JSWSTEELAll JSWSTEEL bulletins →

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