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PharmaMedium impactAfter close

Biocon secures EMA approval for Semglee production line

after close1 source ↓written by the desknot a recommendation

with shares rising
0.6% to ₹437.2
saw Mylan sell
₹3,680 cr block deal

Biocon received EMA approval for its Semglee insulin production line at the Malaysian facility, facilitating shipments expected in FY27. This development has positively impacted investor sentiment, with shares rising 0.6% to ₹437.2. A recent ₹3,680 cr block deal saw Mylan sell shares, attracting interest from Indian mutual funds.

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 16 Jul 2026, 16:01 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

BIOCON closed −0.8% on the day of the news, from ₹440.70 to ₹437.20; Nifty +1.1% over the same session; futures OI −5.7%.

Bulletin at 16:01 IST on 16 Jul 2026. Every change is measured from ₹440.70, the last close before it, on 16 Jul. Nifty 50 is measured over the same sessions.

  • BIOCON close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
BIOCON closes around the bulletin against the close before the news, with Nifty 50 rebased to it394.87440.70486.53axis spans 23%before the news · 16 Jul440.70Nifty 50BIOCONbulletinD0+1+3+510 Jul22 Jul31 JulFutures open interest, lotspeak 23,000Reference close ₹440.70. 16 sessions from 10 Jul to 31 Jul; the price axis spans 23 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 %
Before16 Jul₹440.70basebase
On the day17 Jul₹437.20▼ −0.8%▲ +1.1%−1.9 pp difference
+1 session20 Jul₹436.50▼ −0.9%▲ +0.7%−1.6 pp difference
+3 sessions22 Jul₹437.95▼ −0.6%▼ −0.3%−0.3 pp difference
+5 sessions24 Jul₹433.65▼ −1.6%▼ −1.3%−0.3 pp difference
Gap at the open, % · ₹
▲ +0.8%+3.70 on 17 Jul
Day's range, % · ₹
2.6%≈ 12 high to low
Volume on the day
1.29×the 20-session average
Futures OI on the day
▼ −5.7%−1,300 lots · long unwinding · price −0.8%
Futures OI open, lots
21,00017 Jul · 28 Jul expiry
Futures premium, ₹
+0.35+0.1% to spot
Puts per call, by OI
0.86from 0.92 the session before
Max pain
430from 430 the session before

Source NSE UDiFF bhavcopy · BIOCON on the desk →

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