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JSW seeks Volkswagen to cover $1.4 billion tax liability

after close1 source ↓written by the desknot a recommendation

in India
$1.4 billion tax liability

JSW Group is negotiating a joint venture with Volkswagen AG, aiming for the latter to assume a $1.4 billion tax liability in India. This tax issue is pivotal as both companies finalize the joint venture structure and commercial terms. The proposed venture will involve JSW investing in Skoda Auto Volkswagen India Pvt Ltd with plans for a majority stake.

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 25 Sept 2026, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

JSWSTEEL closed −1.0% on the day of the news, from ₹1,277.00 to ₹1,264.10; Nifty −1.6% over the same session; futures OI +0.8%.

Bulletin at 16:03 IST on 25 Sept 2026. Every change is measured from ₹1,277.00, the last close before it, on 25 Sept. 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 it116612771388axis spans 19%before the news · 25 Sept1277Nifty 50JSWSTEELbulletinD0+1+321 Sept25 Sept1 OctFutures open interest, lotspeak 62,000Reference close ₹1,277.00. 9 sessions from 21 Sept to 1 Oct; 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 Sept₹1,277.00basebase
On the day28 Sept₹1,264.10▼ −1.0%▼ −1.6%+0.6 pp difference
+1 session29 Sept₹1,272.40▼ −0.4%▼ −1.8%+1.5 pp difference
+3 sessions1 Oct₹1,233.00▼ −3.5%▼ −3.1%−0.3 pp difference
+5 sessionsnot reached yet———
Gap at the open, % · ₹
▲ +0.1%+1.40 on 28 Sept
Day's range, % · ₹
1.9%≈ 24 high to low
Volume on the day
0.91×the 20-session average
Futures OI on the day
▲ +0.8%+490 lots · short build-up · price −1.0%
Futures OI open, lots
61,00028 Sept · 29 Sept expiry
Futures premium, ₹
−2.20−0.2% to spot
Puts per call, by OI
0.62from 0.59 the session before
Max pain
1,280from 1,280 the session before

Source NSE UDiFF bhavcopy · JSWSTEEL on the desk →

Thread · JSWSTEELAll JSWSTEEL bulletins →

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