JSWSTEEL

JSW Steel Limited · NSE · INE019A01038 · F&O · lot 675 · 272 sessions on record

₹1,233.00▼ −20.40 · −1.6%from ₹1,253.40 the session before · 1 Oct 2026 close · NSE end of day

Open: ₹1,253.00
High: ₹1,256.40
Low: ₹1,214.80
Day's range: ₹423.3% of the previous close
VWAP: ₹1,234.55close −0.13% from it
Volume, shares: 32 L2.31× the 20-session average
Turnover, ₹ crore: 390
Trades: 72,00044 shares per trade
Previous close: ₹1,253.40−20.40 to the close
Price band, next session: ₹1,109.70 – ₹1,356.3010% either side of the close · dynamic, widened in 5% steps when hit

Day range44% of the way up

₹1,214.80₹1,256.40

52-week range58% of the way up

₹1,073.20 18 Dec₹1,351.00 27 Aug

−8.7% from the high · +15% from the low

The desk read · 1 Octexpiry 27 Oct · 26 days

long unwinding

futures read

price −1.6% · OI −1.1%

+3.60

futures premium, ₹

+0.3% to spot ₹1,233.00

0.73

puts per call, by OI

by volume 0.67

1,280

max pain

+3.8% from the close

▼ −1.1%

futures OI on the day

−650 lots · 60,000 open

Long unwinding into a 26-day expiry: futures OI −1.1% on a −1.6% day, the most call OI sits at 1,280, the most put OI at 1,260, max pain 1,280.

Futures and options

1 Oct close · lot 675 · NSE end of day

JSWSTEEL futures closed at ₹1,236.60, +0.3% to spot, with 99% of open interest in the 27 Oct contract, and the 1,230 straddle prices a move of about ±5.3% by expiry.

Futures by expiryall 3 contracts NSE lists on the stock · basis against the spot close ₹1,233.00

Futures by expiry, basis against the spot close ₹1,233.00
Expiry	Close ₹	Basis ₹ · %	Annualised %	OI lots · on the day	Share of OI %	Contracts traded
27 Oct26 days	₹1,236.60	+3.60+0.3%	+4.1%	59,000▼ −1.1% · −660 lots	99	3,900
23 Nov53 days	₹1,245.00	+12.00+1.0%	+6.7%	850▲ +1.1% · +9.0 lots	1.4	61
29 Dec89 days	₹1,236.60	+3.60+0.3%	+1.2%	5.00.0% · +5.0 lots	0.01	6.0

1.4% of futures OI sits beyond the 27 Oct contract · 43 of 72 listed contracts traded · 25,000 option contracts changed hands

Options27 Oct expiry · 26 days

The 1,230 straddle closed at ₹65.95 (call 36.40 + put 29.55), pricing a move of about ±5.3% by the 27 Oct expiry. In the last 253 windows of 19 sessions, JSWSTEEL moved more than that 91 times.

Call OI, lots: 7,20048 L shares
Put OI, lots: 5,20035 L shares
Puts per call, by OI: 0.73by volume 0.67
Max pain: 1,280+3.8% from the close
Contracts traded: 43 of 72listed for this expiry

Open interest by strike, lotstop three strikes each side

Calls

Strike

Puts

1,300

1,320

780

1,300

740

1,400

1,280

1,260

1,200

1,220

1,100

Open interest added on the day, lotsthree largest additions each side

Calls

Strike

Puts

+930

1,320

+880

1,280

+170

1,270

1,230

+260

1,220

+970

1,200

+130

Close ₹ · Nifty 50 rebased to the first close · futures open interest by the day's build-up126 sessions to 1 Oct · axis fixed at 4 × ATR-14 around the last close · hover or tap a session and the read beside the chart follows it

272 sessions on file · from 28 Aug

JSWSTEEL close
Nifty 50, rebased
long build-up · price up, OI up
short build-up · price down, OI up
short covering · price up, OI down
long unwinding · price down, OI down

Session read · latest close: 1 Oct 2026
Close ₹ · day %: ₹1,233.00▼ −1.6% on the previous close
Against Nifty 50: Nifty −0.9%−0.8 pp difference on the day
Futures OI, lots: 60,000−650 lots · −1.1% on the day
The day's build-up: long unwindingprice −1.6% · OI −1.1%
Against the averages: below 20 · below 5020-session ₹1,276.25 (−3.4%) · 50-session ₹1,285.26 (−4.1%)
Volume: 2.31×the previous 20 sessions · 32 L shares
Extremes on the day: none

The market after the news

close against the last close before each bulletin · Nifty 50 over the same sessions

After the last 8 bulletins, JSWSTEEL closed higher five sessions later in 4 of 5.

Close after each bulletin on the day, one session later and five sessions later, with Nifty 50 and futures open interest
Bulletin	Day of the news	1 session later	5 sessions later	Futures OI on the day
30 SeptJSW Cement to merge with Shiva Cement; share swap ratio set	▼ −1.5%Nifty −0.4% · −1.1 pp	▼ −3.1%Nifty −1.3% · −1.8 pp	—not reached	▲ +0.4%short build-up
28 SeptJSW Cement faces ₹2.3 bn GST demand notice	▲ +0.7%Nifty −0.3% · +0.9 pp	▼ −0.8%Nifty −0.7% · −0.1 pp	—not reached	▲ +1.4%long build-up
25 SeptJSW seeks Volkswagen to cover $1.4 billion tax liability	▼ −1.0%Nifty −1.6% · +0.6 pp	▼ −0.4%Nifty −1.8% · +1.5 pp	—not reached	▲ +0.8%short build-up
22 SeptJSW Cement faces earnings pressure from rising costs	▲ +2.4%Nifty +0.5% · +1.9 pp	▲ +0.5%Nifty −1.1% · +1.6 pp	▼ −1.1%Nifty −3.0% · +2.0 pp	▼ −0.8%short covering
16 AugSensex and Nifty rise as RBI holds repo rate steady	▲ +0.6%Nifty −0.3% · +0.9 pp	▼ −0.2%Nifty −0.9% · +0.7 pp	▲ +4.5%Nifty −0.6% · +5.1 pp	▲ +0.6%long build-up
15 AugSensex and Nifty close higher after RBI holds rates steady	▲ +0.6%Nifty −0.3% · +0.9 pp	▼ −0.2%Nifty −0.9% · +0.7 pp	▲ +4.5%Nifty −0.6% · +5.1 pp	▲ +0.6%long build-up
29 JulJSW One Platforms prepares for IPO with major bankers	▼ −0.5%Nifty +0.3% · −0.7 pp	▼ −0.5%Nifty +0.6% · −1.1 pp	▲ +2.5%Nifty +1.6% · +0.9 pp	▼ −0.1%long unwinding
21 JulJSW Steel Q1 profit rises 32%, debt ratio improves	0.0%Nifty −0.8% · +0.8 pp	▼ −1.6%Nifty −1.3% · −0.3 pp	▲ +0.7%Nifty +0.3% · +0.5 pp	0.0%short build-up

8 of 24 bulletins

Quarterly results

consolidated · latest filed 17 Jul, 05:18 pm IST · NSE filings

Revenue ₹47,364 cr, +9.8% on a year earlier; profit ₹4,696 cr, +110% in the Jun 2026 quarter, consolidated.

Last 8 quarters, consolidated₹ crore as filed · year on year against the same quarter a year earlier · market: close on the first session after the filing against the last close before it, Nifty 50 over the same session

Quarterly results of JSWSTEEL on the consolidated basis with the market's move on the first session after each filing
Quarter	Revenue ₹ cr	Revenue YoY	Profit ₹ cr	Profit YoY	EPS ₹	Market on the day
Jun 2026filed 17 Jul	₹47,364 cr	▲ +9.8%	₹4,696 cr	▲ +110%	19.02	▲ +1.6%Nifty −0.4% · +2.0 pp
Mar 2026filed 14 May · audited	₹51,180 cr	▲ +14%	₹19,243 cr	▲ +1,200%	66.94	▼ −1.4%Nifty −0.2% · −1.2 pp
Dec 2025filed 23 Jan	₹45,991 cr	▲ +11%	₹2,410 cr	▲ +240%	8.75	▲ +4.4%Nifty +0.5% · +3.9 pp
Sept 2025filed 17 Oct	₹45,152 cr	▲ +14%	₹1,646 cr	▲ +310%	6.64	▼ −1.6%Nifty +0.5% · −2.1 pp
Jun 2025filed 18 Jul	₹43,147 cr	▲ +0.48%	₹2,209 cr	▲ +150%	8.93	0.0%Nifty +0.5% · −0.5 pp
Mar 2025filed 23 May · audited	₹44,819 cr	▼ −3.1%	₹1,501 cr	▲ +14%	6.14	▲ +2.4%Nifty +0.6% · +1.8 pp
Dec 2024filed 24 Jan	₹41,378 cr	▼ −1.3%	₹719 cr	▼ −71%	2.93	▼ −1.4%Nifty −1.1% · −0.3 pp
Sept 2024filed 25 Oct	₹39,684 cr	▼ −11%	₹404 cr	▼ −85%	1.80	▲ +2.5%Nifty +0.7% · +1.8 pp

By financial yearApril to March · each year the sum of its four quarters as filed, consolidated · EPS summed across the quarters · only complete years

Financial-year results of JSWSTEEL on the consolidated basis, summed from the quarters filed
Year	Revenue ₹ cr	Revenue YoY	Profit ₹ cr	Profit YoY	EPS ₹
FY26to Mar 2026	₹1,85,470 cr	▲ +9.9%	₹25,508 cr	▲ +630%	91.26
FY25to Mar 2025	₹1,68,824 cr	▼ −3.5%	₹3,491 cr	▼ −61%	14.32
FY24to Mar 2024	₹1,75,006 cr	—	₹8,973 cr	—	36.19

Fundamentals

consolidated · filings to Jun 2026 · close ₹1,233.00 on 1 Oct

JSWSTEEL trades at 12 times trailing earnings against 17 for its industry, 2.9 times book value, revenue +12% over twelve months, a 1.1% dividend yield, market cap ₹3,00,000 cr.

Valuationarithmetic on filings and the close · each cell names what it rests on · — where an input is missing

Market cap: ₹3,00,000 cron 1 Oct · free float ₹1,70,000 cr
Price to earnings: 12consolidated · four quarters to Jun 2026 · industry 17
Trailing EPS: ₹101.35diluted · consolidated · four quarters to Jun 2026
Price to book: 2.9consolidated · balance sheet to Mar 2026
Book value a share: ₹431.31consolidated · balance sheet to Mar 2026 · over NSE's share count
Debt to equity: 0.91borrowings over equity · consolidated · balance sheet to Mar 2026
Return on equity: 30%trailing profit over average equity · consolidated
Dividend yield: 1.1%₹14.20 a share in 365 days
Face value: ₹1a share
Shares outstanding: 245 cron 1 Oct

Growthsums of the four quarters filed to Jun 2026 · growth against the four quarters before them · consolidated

Revenue, trailing 12 months: ₹1,89,687 crfour quarters to Jun 2026
Revenue growth, 12 months: ▲ +12%against the twelve months before
Revenue 2-year CAGR: ▲ +3.9%trailing twelve months against the twelve months 2 years earlier · consolidated
Profit, trailing 12 months: ₹27,995 crfour quarters to Jun 2026
Profit growth, 12 months: ▲ +480%against the twelve months before
Profit 2-year CAGR: ▲ +94%trailing twelve months against the twelve months 2 years earlier · consolidated

PeersBSE sub-group Iron & Steel · F&O stocks with filings on record · industry P/E 17, market caps over trailing profit of 4 stocks

Stocks in the BSE sub-group Iron & Steel with market cap, price to earnings and price to book
Stock	Market cap ₹	P/E	P/B	Close ₹
JSWSTEELJSW Steel Limited	3,00,000 cron 1 Oct	12consolidated	2.9	₹1,233.00
TATASTEELTata Steel Limited	2,20,000 cron 1 Oct	20consolidated	2.1	₹178.00
JINDALSTELJINDAL STEEL LIMITED	1,10,000 cron 1 Oct	41consolidated	2.2	₹1,100.50
SAILSteel Authority of India Limited	72,000 cron 1 Oct	17consolidated	1.2	₹174.50
JSLJindal Stainless Limited	60,000 cron 1 Oct	—	3.0	₹732.70
SARDAENSarda Energy & Minerals Limited	17,000 cron 1 Oct	—	2.3	₹494.75
VISLVedanta Iron and Steel Limited	12,000 cron 1 Oct	—	—	₹31.15
NSLNISPNMDC Steel Limited	12,000 cron 1 Oct	—	0.91	₹40.95
SANDUMASandur Manganese & Iron Ores Limited	8,600 cron 1 Oct	—	2.6	₹177.65
JAIBALAJIJai Balaji Industries Limited	5,600 cron 1 Oct	—	2.5	₹61.70
PRAKASHPrakash Industries Limited	2,100 cron 1 Oct	—	0.59	₹118.70
ANKITMETALAnkit Metal & Power Limited	—	—	—	—
MANAKSTEELManaksia Steels Limited	—	—	—	—
SCANSTLScan Steels Limited	—	—	—	—

Shareholding

quarter to 30 Jun · 12% of the promoter holding pledged · NSE filings

Promoters hold 44.3%, foreign portfolio investors 10.9%, mutual funds 5.9% and insurance companies 5.5%, as filed for the quarter to 30 Jun.

44.3%10.9%25.0%

By category, last 5 quarterspercent of shares · beneath each figure, the change in percentage points against the previous quarter on file

Shareholding of JSWSTEEL by category over the last 5 quarters with the change against the previous quarter
Category	30 Jun	31 Mar	31 Dec	30 Sept	30 Jun
Promoters	44.29▼ −1.03 pp	45.320.00 pp	45.320.00 pp	45.32▲ +0.01 pp	45.31
Foreign portfolio investors	10.91▲ +0.54 pp	10.370.00 pp	10.37▼ −0.18 pp	10.55▲ +0.14 pp	10.41
Mutual funds	5.89▲ +0.56 pp	5.33▲ +0.24 pp	5.09▲ +0.40 pp	4.69▲ +0.44 pp	4.25
Insurance companies	5.46▼ −0.25 pp	5.71▼ −0.15 pp	5.86▼ −0.27 pp	6.13▼ −0.50 pp	6.63
Banks and financial institutions	0.14▲ +0.02 pp	0.12▲ +0.01 pp	0.11▲ +0.06 pp	0.050.00 pp	0.05
Individual investors	8.30▲ +0.02 pp	8.28▲ +0.01 pp	8.27▲ +0.03 pp	8.24▲ +0.04 pp	8.20
Bodies corporate	7.47▲ +0.12 pp	7.35▼ −0.20 pp	7.55▼ −0.11 pp	7.66▼ −0.01 pp	7.67
Government	0.510.00 pp	0.510.00 pp	0.510.00 pp	0.510.00 pp	0.51
Other foreign holders	15.270.00 pp	15.270.00 pp	15.270.00 pp	15.270.00 pp	15.27
Others	1.76▲ +0.02 pp	1.74▲ +0.09 pp	1.65▲ +0.07 pp	1.58▼ −0.12 pp	1.70

Corporate actions

next results meeting 23 Oct · NSE and BSE records

Nothing upcoming on record; the board meets for results on 23 Oct 2026.

Actionsex-dates · upcoming first, then the last eight · dividends in rupees a share, bonus and split as ratios

Corporate actions of JSWSTEEL, upcoming first, then the most recent
Ex-date	Action	Amount or ratio	Record date	Source
recent
7 Jul 2026	dividend	₹7.10	7 Jul 2026	BSE
8 Jul 2025	dividend	₹2.80	8 Jul 2025	BSE
9 Jul 2024	dividend	₹7.30	—	BSE

Calendaras notified to the exchange

Next results: 23 Oct 2026Financial Results To consider and approve the financial results for the period ended September 30, 2026
Dividends in 365 days: ₹14.20a share · ex-dates inside the year
Last dividend: ₹7.10ex-date 7 Jul 2026

Price history

272 sessions on record · to 1 Oct · NSE end of day

JSWSTEEL is −5.6% over 20 sessions against Nifty's −6.2%, 8.7% below its 52-week high, realised volatility 24% annualised.

Returns against Nifty 50longest window first · Nifty 50 over the same sessions

Returns of the stock and Nifty 50 over six windows, longest first
Window	From ₹	JSWSTEEL %	Nifty 50 %	Difference pp
250 sessionssince 26 Sept	₹1,130.78	▲ +9.0%	▼ −9.1%	+18
120 sessionssince 9 Apr	₹1,209.65	▲ +1.9%	▼ −5.7%	+7.6
60 sessionssince 8 Jul	₹1,219.46	▲ +1.1%	▼ −6.1%	+7.2
20 sessionssince 2 Sept	₹1,306.01	▼ −5.6%	▼ −6.2%	+0.65
5 sessionssince 24 Sept	₹1,273.23	▼ −3.2%	▼ −2.8%	−0.38
1 sessionsince 30 Sept	₹1,253.43	▼ −1.6%	▼ −0.88%	−0.75

Averages of the closeclose against each average

5-session average: ₹1,259.98close −2.1% from it
20-session average: ₹1,276.25close −3.4% from it
50-session average: ₹1,285.26close −4.1% from it
200-session average: ₹1,235.71close −0.22% from it

Range and volumetrue range over 14 sessions · high to low over 20 · volume against the 20-session average

Average true range, 14: ₹272.2% of the close
Average day's range, 20: ₹242.0% of the close
Volume against 20 sessions: 2.31×32 L vs 14 L average

Volatility and co-movement with Nifty 50annualised from daily log returns · counts share one denominator per cell

Realised volatility, 20: 24%≈ ±1.5% a session · moved more than that on 8 of 20
Realised volatility, 60: 21%≈ ±1.3% a session · moved more than that on 23 of 60
Realised volatility, 250: 24%≈ ±1.5% a session · moved more than that on 72 of 250
Beta to Nifty, 60: 1.08moved with Nifty on 36 of 60 sessions
Beta to Nifty, 250: 1.17moved with Nifty on 173 of 250 sessions

Up and down sessionscloses above and below the previous close

Last 20 sessions: 9 up · 11 downof 20
Last 60 sessions: 29 up · 31 downof 60
Last 250 sessions: 130 up · 120 downof 250
Best session, 250: ▲ +4.8%31 Dec
Worst session, 250: ▼ −5.1%23 Mar

JSW Steel Limited is in 18 NSE indices

all 18 indices

81 bulletins on JSWSTEEL

latest 30 Sept 2026

Beats in the coverage

Often mentioned with

September 2026

30 Sept JSW Cement to merge with Shiva Cement; share swap ratio setJSW Cement's board approved a merger with Shiva Cement, offering 5 shares for every 41 held by Shiva Cement shareholders. The merger requires shareholder and regulatory approvals, aiming to streamline operations without cash consideration.High 28 Sept JSW Cement faces ₹2.3 bn GST demand noticeJSW Cement received a ₹2.3 bn GST demand notice related to alleged short payments from April 2022 to March 2024. The company assesses the financial impact will be limited and is preparing a response to the notice.Medium 25 Sept JSW seeks Volkswagen to cover $1.4 billion tax liabilityJSW Group is negotiating with Volkswagen AG for a joint venture, seeking to have Volkswagen cover a $1.4 billion tax liability in India. This issue is crucial as they finalize the venture's structure and terms.High 22 Sept JSW Cement faces earnings pressure from rising costsJSW Cement's Q1 FY27 revenue rose 22% YoY to ₹1,896 crore, but operating EBITDA declined 7% YoY to ₹298.6 crore due to rising costs. The company's near-term earnings outlook depends on effective cost management to improve margins.Medium

August 2026

16 Aug Sensex and Nifty rise as RBI holds repo rate steadyIndian stocks ended higher with Sensex up 152.05 points to 78,581.00 and Nifty gaining 9.75 points to 24,624.65 after RBI held the repo rate steady at 5.25%. The RBI also lowered its inflation projection to 5%.Medium 15 Aug Sensex and Nifty close higher after RBI holds rates steadyIndian stocks closed higher as the RBI maintained the repo rate at 5.25%. The Sensex rose 152.05 points to 78,581.00, while the Nifty gained 9.75 points to 24,624.65, supported by gains in metal and real estate sectors.Medium

July 2026

29 Jul JSW One Platforms prepares for IPO with major bankersJSW One Platforms Ltd is set to launch an IPO aiming to raise $350 million to $400 million, with major banks advising. This follows JSW Steel's approval to sell a ₹811 crore stake in the company, enhancing its market prospects.High 21 Jul JSW Steel Q1 profit rises 32%, debt ratio improvesJSW Steel reported a 32% increase in Q1 profit to ₹9,100 crore, with revenue rising 15% to ₹42,894 crore. The debt-to-EBITDA ratio improved to 1.46x, down from 1.81x, bolstering investor confidence in the company's financial health.High 21 Jul Volkswagen in talks with JSW for stake sale in India unitVolkswagen AG is in advanced talks with JSW Group for a potential stake sale in Skoda Auto Volkswagen India Pvt. The deal aims to strengthen Volkswagen's local operations while addressing valuation and control challenges.Medium 21 Jul FII investment report highlights key brokerage callsFII interest in Indian equities remains strong, with Reliance Industries and HDFC Bank receiving bullish ratings. Analysts highlight improving refining margins for Reliance and stable net interest margins for HDFC Bank, while JSW Steel faces cautious outlook due to commodity volatility.Medium 21 Jul JSW Steel Q1 profit rises 113% to ₹4,651 croreJSW Steel reported a net profit of ₹4,651 crore for Q1 FY2027, a 113% increase year-on-year, driven by strong steel prices and sales volumes. However, rising global crude oil prices may pressure operating margins in the sector.High 20 Jul JSW Steel shares rise 2% on strong Q1 earningsJSW Steel shares increased over 2% following a strong Q1 FY27 net profit of ₹4,696 cr, more than doubling from ₹2,209 cr YoY. The company also plans to sell shares worth ₹811 cr in the upcoming IPO of JSW One Platforms Ltd.High 20 Jul JSW Steel plans capex funding through internal accrualsJSW Steel's joint MD & CEO, Jayant Acharya, announced plans to fund most capital expenditures through internal accruals, emphasizing deleveraging and raw material security. The company anticipates continued resilience in steel demand and a recovery in prices to support margins.Medium 20 Jul JSW Steel plans to fund capex through internal accrualsJSW Steel's joint MD & CEO, Jayant Acharya, stated the company will fund most capital expenditures through internal accruals, focusing on deleveraging and raw material security. Steel prices are recovering, which is expected to support margins amid rising input costs.Medium 19 Jul JSW Steel approves ₹33,000 cr for Vijayanagar expansionJSW Steel approved ₹33,000 cr for its Vijayanagar plant expansion, increasing capacity from 15 MTPA to 26 MTPA by FY30. An additional ₹2,000 cr will optimize production across sites, bolstering its market position.High 19 Jul JSW Steel reports record Q1 profit growth and IPO plansJSW Steel's Q1 profit surged to ₹4,696 cr, more than doubling from ₹2,209 cr last year, driven by record sales and higher other income. The company also plans to raise up to ₹811 cr through an IPO of JSW One Platforms, enhancing market outlook.High 18 Jul JSW Steel approves ₹33,000 cr for Vijayanagar expansionJSW Steel has approved capital expenditure exceeding ₹33,000 cr for FY27, focusing on expanding the Vijayanagar plant's capacity from 15 MTPA to 26 MTPA by FY30. The total investment pipeline now stands at ₹1.31 lakh cr.High 18 Jul JSW Steel Q1 profit surges 112.6% to ₹4,696 croreJSW Steel's Q1 FY27 net profit soared 112.6% YoY to ₹4,696 crore, driven by strong domestic growth and improved pricing. The board approved an ₹811 crore IPO for JSW One Platforms, indicating strategic value unlocking.High 18 Jul JSW Steel Q1 net profit rises to ₹4,696 crore, IPO approvedJSW Steel's Q1 FY27 net profit surged 112.6% YoY to ₹4,696 crore, driven by strong domestic growth. The board approved an ₹811 crore IPO for its subsidiary, JSW One Platforms, indicating a positive outlook for the company.High 17 Jul JSW Steel to sell ₹811 crore shares in IPO of JSW One PlatformsJSW Steel approved an offer for sale of shares worth ₹811 crore in its associate JSW One Platforms Ltd. The move is part of the upcoming IPO, with JOPL contributing ₹90 crore to JSW Steel's profit in FY26.Medium 11 Jul JSW Cement targets top 5 position with 60 MTPA expansionJSW Cement plans to expand its capacity to 60 MTPA as part of its strategy to become one of India's top five cement companies. The company aims to enhance its GGBS business and improve cost competitiveness while focusing on sustainability initiatives.Medium 11 Jul JSW Cement targets top 5 position with 60 MTPA expansionJSW Cement plans to expand its capacity to 60 MTPA as part of its strategy to become one of India's top five cement companies. The focus will be on enhancing sustainability and market expansion to support the growing demand in the construction sector.Medium 10 Jul JSW Steel reports 6.59 MT production for Q1 FY27JSW Steel reported 6.59 MT production for Q1 FY27, up 3% YoY, with a 94% capacity utilization despite maintenance shutdowns. This strong performance signals resilience in operations and may boost market sentiment.Medium 9 Jul JSW Steel Q1 FY27 output rises 3% despite shutdownJSW Steel Ltd reported Q1 FY27 crude steel production of 6.59 mt, up 3% YoY, with Indian operations contributing 6.35 mt. The growth was limited by a planned shutdown of Blast Furnace 3, which capped overall output.Medium 7 Jul JSW Steel receives rating upgrade to BB+ from FitchFitch upgraded JSW Steel's long-term foreign currency rating from BB to BB+, reflecting improved financial health and reduced debt pressure. This upgrade may help the company secure better borrowing terms in stable market conditions.Medium 7 Jul Fitch upgrades JSW Steel to 'BB+' with positive outlookFitch Ratings upgraded JSW Steel's Long-Term Issuer Default Rating to 'BB+' from 'BB', citing a positive outlook driven by expected 8% annual sales growth through FY30. The upgrade reflects strong demand in India's steel sector from infrastructure and construction.Medium 6 Jul JSW Steel upgraded to BB+ by Fitch RatingsJSW Steel's Long-Term Issuer Default Rating was upgraded from BB to BB+ by Fitch Ratings, following a ₹373 billion debt reduction from asset sales. The agency expects EBITDA net leverage to improve significantly by FY27, indicating stronger financial health.High 5 Jul JSW Steel receives NCLT approval for subsidiary mergerJSW Steel secured NCLT approval to merge its subsidiaries Amba River Coke, Monnet Cement, and JSW Retail, effective from 1 April 2026. The merger aims to enhance operational efficiency and reduce administrative costs without issuing new shares.Medium 5 Jul JSW Steel secures NCLT approval for subsidiary mergerJSW Steel secured NCLT approval to merge its subsidiaries ARCL, MCL, and JRDL, effective from 1 Apr 2026. The merger aims to enhance operational efficiency and reduce administrative costs without issuing new shares.Medium 4 Jul Construction begins on ₹16,350 crore JSW steel plantThe construction of the ₹16,350 crore JSW Rayalaseema Integrated Steel Plant has begun in Kadapa district, with a target for commercial production in 24 months. The project aims to utilize renewable energy and advanced technology to reduce carbon emissions.High 4 Jul NCLT approves merger of three JSW Steel subsidiariesThe NCLT Mumbai approved the merger of three wholly owned subsidiaries of JSW Steel, aiming to simplify its corporate structure and improve operational efficiency. The appointed date for the merger is set for 1 April 2026.Medium 1 Jul JSW Steel shares rise on JFE Steel joint venture completionJSW Steel shares hit ₹1,238.70 on 30 June after JFE Steel completed a ₹15,750 cr joint venture investment, acquiring a 50% stake in JSW JFE Kalinga Steel Limited. The company also reported a 14.2% revenue increase to ₹51,180 cr for the March quarter.High

June 2026

30 Jun JFE Steel completes ₹15,750 crore investment in JSW Steel JVJFE Steel has completed its ₹15,750 crore investment in JSW JFE Kalinga Steel, acquiring a 50% stake after purchasing an additional 25% for ₹7,875 crore. This finalizes their joint control over the venture, boosting operational capabilities in the steel sector.High 28 Jun POSCO and JSW Steel to build integrated steel mill in IndiaPOSCO has signed a joint venture with JSW Steel to construct an integrated steel mill in India, targeting the high-growth market of 1.46 billion people. This facility will enhance the global steel supply chain and capitalize on profitable opportunities.High

May 2026

26 May Goldman Sachs and mutual funds acquire stake in JSW CementGoldman Sachs and major mutual funds acquired a stake in JSW Cement, with shares rising 18% over two days. The stock recently traded down 1.37% to ₹136.10, nearing its 52-week high of ₹162.15.Medium 24 May JSW plans 25 MT steel plant in GadchiroliJSW Group plans to build a 25 million tonne integrated steel plant in Gadchiroli, Maharashtra, leveraging local iron ore resources. This initiative reflects ongoing capex momentum and aligns with the company's electric mobility strategy.High 24 May JSW to build 25 MT steel plant in GadchiroliJSW Group announced plans for a 25 million tonne steel plant in Gadchiroli, Maharashtra, leveraging local iron ore resources and improved security. This development reflects the company's ongoing capital expenditure momentum and commitment to electric mobility initiatives.High 23 May JSW Motors secures $826 million funding for EV manufacturingJSW Motors secured $826 million funding from State Bank of India to enhance its EV manufacturing capabilities. The financing will support a new plant in Maharashtra, reflecting confidence in India's growing electric vehicle market.High 23 May JSW Motors secures $826 million funding for EV expansionJSW Motors secured $826 million funding from State Bank of India to enhance its NEV manufacturing plans. The long-term financing will support a new greenfield plant in Maharashtra, reflecting confidence in India's electric vehicle market.High 23 May Block deals worth ₹1,800 crore in three companiesThree companies, Paytm, JSW Cement, and Pine Labs, executed block deals worth nearly ₹1,800 crore on 22 May. JSW Cement saw 4.28 crore shares change hands for ₹531 crore, reflecting strong investor interest in the sector.Medium 23 May JSW Steel block deal valued at ₹3,150 crJSW Steel executed a block deal of 2.5 crore shares at ₹1,260 each, totaling ₹3,150 cr. This move by JSW Energy aims to enhance capital allocation and improve Return on Capital Employed for long-term growth.Medium 22 May JSW Steel Q4 FY26 net profit rises to ₹19,243 crJSW Steel reported a net profit of ₹19,243 cr for Q4 FY26, up from ₹1,501 cr last year, driven by a gain from the slump sale of its BPSL steel business. This strong performance may boost investor sentiment.High 22 May JSW Steel sees ₹3,150 cr block deal from JSW EnergyJSW Steel recorded a ₹3,150 cr block deal as JSW Energy sold 2.5 crore shares at ₹1,260 each, representing 1% of its equity. This move aims to enhance capital for growth and improve RoCE.Medium 21 May JSW Motors secures ₹8,000 crore SBI funding for NEV ventureJSW Motors Limited has secured ₹8,000 crore in long-term financing from State Bank of India for its new energy vehicle initiative. The funds will support a greenfield manufacturing facility in Maharashtra with an annual capacity of 3.5 lakh vehicles, enhancing its position in the competitive EV market.High 21 May JSW Cement Q4 profit jumps aided by tax write-backJSW Cement reported a net profit of ₹371.3 crore in Q4, up from ₹34.2 crore last year, aided by a ₹147 crore tax write-back. Revenue increased by 11% to ₹1,895 crore, leading to a 9% rise in shares.High 21 May JSW Steel sees ₹3,150 cr block deal from JSW EnergyJSW Steel executed a block deal involving 2.5 crore shares, valued at ₹3,150 cr, as JSW Energy divested a 1% stake. The shares traded at an average price of ₹1,260 each, reflecting a strategic move to enhance capital allocation.High 20 May JSW Steel plans capacity expansion with minimal external fundingJSW Steel plans to double its production capacity with minimal external funding, according to co-managing director Jayant Acharya. The company holds a 40% market share in hot-rolled flat steel and anticipates a 50 million ton increase in demand by 2032.Medium 20 May JSW Steel plans capacity expansion with minimal external fundingJSW Steel plans to double its production capacity in India with minimal external funding, as stated by co-MD Jayant Acharya. The company holds a 40% market share in hot-rolled flat steel, responding to rising domestic demand projected to reach 160 million tons by 2025.Medium 20 May JSW Energy sells 2.5 crore shares of JSW Steel for ₹3,150 crJSW Energy sold 2.5 crore shares of JSW Steel for ₹3,150 cr through a bulk deal on 18 May, retaining 4.5 crore shares. This divestment aims to enhance capital for growth and improve return on capital employed.High 19 May JSW Energy sells ₹3,150 crore stake in JSW SteelJSW Energy sold ₹3,150 crore stake in JSW Steel, with GQG Partners and SBI Mutual Fund as buyers. This sale is part of JSW's strategy to enhance capital allocation for its power generation expansion plans.High 14 May JSW Steel Q4 profit jumps 11 times to ₹16,370 croreJSW Steel reported a consolidated net profit of ₹16,370 crore for Q4FY26, an 11-fold increase from ₹1,503 crore YoY. Revenue rose 14% to ₹51,180 crore, signaling strong performance in the metals sector.High 12 May JSW Steel April output declines 1% amid furnace shutdownJSW Steel reported consolidated crude steel production of 21.18 lakh tonnes for April 2026, down 1% from 21.40 lakh tonnes last year. The decline was primarily due to a planned shutdown of Blast Furnace 3 for capacity upgrades.Medium 9 May L&T secures major order from JSW Steel for expansionLarsen & Toubro's Minerals & Metals unit secured a major order from JSW Steel for plant expansions at Ballari and Paradip. This project aims to increase JSW's crude steel production capacity from 35 MTPA to over 50 MTPA by 2031.High 8 May Tata and JSW invest $1 billion in EV and battery technologyTata Group and JSW Group announced a combined investment of nearly $1 billion to enhance India's EV and battery technology capabilities. Tata's Agratas will focus on lithium chemistries, while JSW Motors will establish a research hub in Maharashtra, aiming to reduce dependence on foreign technology.High

April 2026

29 Apr JSW and JFE finalize steel joint venture in OdishaJSW Steel and JFE Steel Corporation have launched a 50:50 joint venture, JSW JFE Steel Limited, in Odisha, with an annual capacity of 4.5 million tons and an investment of JPY 270 billion. The venture targets the growing steel demand in India.High

March 2026

26 Mar JSW Steel completes acquisition of 92.19% stake in Minas de RevuboeJSW 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.High 24 Mar JSW seeks government aid amid gas shortage for metallurgyJSW Steel Coated Products has requested government intervention to secure LNG and propane supplies amid a gas shortage linked to the Iran conflict. The company warns of potential production disruptions affecting downstream customers and related industries.High 21 Mar JSW Steel seeks government aid for gas amid crisisJSW Steel shares increased 2.2% to ₹1,157 as its unit sought government assistance for gas supplies amid Middle East tensions. The company warned of potential production disruptions affecting downstream customers.Medium 19 Mar JSW Steel unit requests government aid for gas supply shortagesJSW Steel Coated Products has sought government intervention for gas supplies due to shortages impacting production. The company warns of potential supply deficits in downstream sectors like food packaging and infrastructure if disruptions continue.Medium 19 Mar JSW Kalinga plans ₹9,500 crore NCD issue for BPSL fundingJSW Kalinga Steel plans to raise ₹9,500 crore through zero-coupon bonds to fund its joint venture with JFE Steel for Bhushan Power & Steel, valuing BPSL at ₹53,000 crore. The bonds will mature in March 2031 with yields around 8.5%.High 17 Mar Steel companies request government action on propane shortageJSW Steel and Tata Steel have requested government intervention to resolve propane shortages affecting coated steel production. The disruptions, tied to the West Asia crisis, could pose serious operational challenges for the steel industry.Medium

February 2026

22 Feb JSW Group to invest ₹1,500 crore in Punjab steel projectJSW Group announced a ₹1,500 crore investment in a steel project in Rajpura, Punjab, aimed at boosting manufacturing capacity and job creation. This initiative aligns with the upcoming Invest Punjab Summit scheduled for 13 March.High 21 Feb JSW Group announces ₹1,500 crore steel investment in PunjabJSW Group plans to invest ₹1,500 crore in a steel project in Rajpura, Punjab, aimed at expanding manufacturing capacity and creating jobs. This initiative aligns with the state's industrial growth strategy ahead of the Invest Punjab Summit on 13 March.High 13 Feb JSW Cement reports profit turnaround with growth plansJSW Cement reported a profit of ₹130.6 cr in Q3 FY26, a turnaround from a loss of ₹80.2 cr last year. Revenue grew 13.2% YoY to ₹1,621 cr, driven by increased sales volumes and plans for 42 MTPA capacity by 2028.High 6 Feb JSW Steel shareholders approve restructuring and joint ventureJSW Steel Limited secured 99.99% shareholder approval for three strategic resolutions on 4 Feb 2026, including material related party transactions and the transfer of its steel business. This restructuring aims to enhance its partnership with JFE Steel Corporation.High 4 Feb India-US trade deal maintains tariffs on metalsIndia's steel, aluminium, and copper sectors will face continued 50% US tariffs under Sec 232, despite a reduction in reciprocal tariffs to 18%. This impacts Indian exports valued at $5 billion in FY25, disadvantaging them against UK imports.Medium 4 Feb India market rally driven by trade deal; Jefferies shifts to metalsThe Indian capital markets reached record highs after U.S. tariff reductions for India. Jefferies adjusted its portfolio, reducing IT allocations and increasing focus on metals, particularly Hindustan Zinc and JSW Steel, signaling a shift towards cyclical industries.High 3 Feb India market rallies on trade deal; Jefferies shifts to metalsThe Indian capital markets reached record highs after U.S. tariff reductions for India. Jefferies adjusted its portfolio, reducing IT exposure and increasing investments in metals like Hindustan Zinc and JSW Steel, signaling a shift towards cyclical sectors.High

January 2026

28 Jan JSW Steel reports strong earnings, updates forecastJSW Steel Limited reported quarterly revenue of ₹460b, exceeding estimates by 2.1%, and EPS of ₹8.75, 75% above forecasts. Analysts now expect revenues of ₹2.08t for 2027, reflecting a 16% growth from last year.High 27 Jan JSW Steel reports Q3 results amid regulatory scrutinyJSW Steel reported consolidated revenue of ₹460 billion for Q3 FY26, an 11% YoY increase. Adjusted EBITDA rose 19% YoY to ₹66 billion, but fell 16% sequentially due to rising costs. The stock gained 2.8% to ₹1,203 amid regulatory scrutiny.Medium 26 Jan CCI approves merger of Bhushan Power and Steel with JSWCCI approved the merger between Bhushan Power and Steel and JSW Steel, creating a 50:50 joint venture with JFE Steel. This merger involves the transfer of BPSL’s steel business to JSW Sambalpur, enhancing market presence.High

December 2025

15 Dec JSW Steel rating on watch after JFE joint venture announcementICRA placed JSW Steel's long-term rating on watch with positive implications following a joint venture with JFE Steel. The deal involves a ₹24,483 cr slump sale, with JFE investing ₹15,750 cr for a 50% stake, potentially improving JSW's financial profile.Medium 8 Dec JSW Steel shows bullish momentum amid market gainsMedium 8 Dec JSW Steel forms joint venture with JFE SteelMedium 8 Dec JSW-POSCO steel plant in Keonjhar receives land approvalHigh 5 Dec JSW Steel to benefit from JFE Steel joint ventureMedium 4 Dec Rupee slides as JSW Steel announces major joint ventureHigh 3 Dec JFE invests ₹15,750 cr in JSW joint venture for Bhushan PowerHigh

November 2025

19 Nov Sajjan Jindal raises ₹6,000 crore for AkzoNobel acquisitionHigh 14 Nov JSW Steel plans stake sale in BPSL to boost financesMedium 12 Nov JSW plans to sell 50% stake in Bhushan PowerHigh

About JSW Steel Limited

exchange masters as of 18 Sept 2026 · classification by BSE

Company: JSW Steel Limited
Exchange: NSE · BSE 500228, group A
Listed on NSE: 23 Mar 2005
Classification: Commodities › Metals & Mining › Ferrous Metals › Iron & Steel
Index: BSE 100
Face value: ₹1 a share
ISIN: INE019A01038
Sessions on record: 272
Price source: NSE UDiFF bhavcopy · end of day · delayed
Filings: NSE and BSE public disclosures · results, shareholding and corporate actions as filed
Computed: 1 Oct, 07:52 pm IST
Bulletins: 81 · written by the desk · not a recommendation

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