Promoter group entity buys 6.19 lakh shares of Jindal Stainless 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

-1.4%Reaction day

₹733.95

prior close

₹730.00

announcement price

After-mkt

timing

Nifty Midcap 150market+0.9%-2.3% vs market

Iron & Steel peers, median of 10sector+1.1%-2.5% vs sector

On the reaction day the stock moved 2.3 pts less than Nifty Midcap 150 and 2.5 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

+0.7

10m

+0.7

15m

+0.8

30m

+1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.4+0.9-2.3+1.1-2.5

Next day

+2.1+2.4-0.3+1.6+0.4

+2.3+2.0+0.3+1.5+0.8

+1.2+1.9-0.6+1.0+0.3

+3.3+2.5+0.8+3.8-0.6

+0.5+0.5+0.1+1.7-1.2

+1.7-1.3+3.0+1.0+0.6

15d

-3.6-3.4-0.1-4.9+1.3

-0.4-3.9+3.5-3.0+2.6

—————

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, a promoter group entity, bought 6,19,678 equity shares (about 0.08%) of Jindal Stainless through open market purchases on 11 and 15 September 2026. Total promoter group holding rose from 17.20% to 17.28%, now standing at 14.24 crore shares. This is a routine disclosure under SEBI SAST takeover rules.

Likely market impact

Small promoter group purchase signals confidence; stake now at 17.28%. Minor impact on free float and voting power.