Jindal Stainless promoter entity buys 8.6 lakh shares via open market

Promoter Stake BuyOwnership Changes View source PDF Explain this filing

JSL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.0%Reaction day

₹743.10

prior close

₹748.95

announcement price

After-mkt

timing

Nifty Midcap 150market+0.6%+1.4% vs market

Iron & Steel peers, median of 10sector+2.5%-0.5% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Midcap 150 and 0.5 pts less than its Iron & Steel peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.0

10m

+0.1

15m

+0.1

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.0+0.6+1.4+2.5-0.5

Next day

-0.7-1.4+0.7+0.5-1.2

+0.5-1.5+2.1+0.8-0.2

+0.4-3.1+3.5-0.2+0.6

-1.5-4.1+2.6-0.1-1.4

+0.5-4.0+4.5-0.8+1.3

-0.1-4.5+4.5-3.6+3.5

15d

-2.8-4.5+1.7-4.4+1.6

-7.8-9.6+1.9-10.0+2.3

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UpDownMarket · Nifty Midcap 150Sector · Iron & Steel peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

JSL Overseas Holding Ltd, part of the promoter group, bought 8,61,553 equity shares (0.10 percent) of Jindal Stainless Ltd from the open market on September 18 and 21, 2026. This raised its stake from 17.40 percent (14.34 crore shares) to 17.50 percent (14.43 crore shares). The acquisition was disclosed under SEBI SAST Regulation 29(2).

Likely market impact

Small open market purchase by promoter group signals confidence. Its stake in the company rises to 17.50 percent.