OICHARTS
8 AMThe 8 AM report →
PharmaHigh impactAfter close

Biocon secures $54m insulin tender in Malaysia

after close1 source ↓written by the desknot a recommendation

valued
$54 million

Biocon, in collaboration with Duopharma Biotech, has won three insulin contracts from Malaysia’s Ministry of Health, valued at $54 million. This deal enhances Biocon's presence in the Malaysian market, reflecting its commitment to expanding its generics portfolio.

The contracts may boost near-term revenue and strengthen market confidence in Biocon's growth strategy in the Pharma sector.

This development underscores the increasing demand for insulin in Malaysia, positioning Biocon favorably against competitors.

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 30 Jun 2026, 16:12 IST.

Sourcesnews.google.com

The market after the news

BIOCON closed 0.0% on the day of the news, from ₹418.30 to ₹418.20; Nifty +0.6% over the same session; futures OI +2.4%.

Bulletin at 16:12 IST on 30 Jun 2026. Every change is measured from ₹418.30, the last close before it, on 30 Jun. 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 it374.80418.30461.80axis spans 23%before the news · 30 Jun418.30Nifty 50BIOCONbulletinD0+1+3+523 Jun6 Jul15 JulFutures open interest, lotspeak 23,000Reference close ₹418.30. 16 sessions from 23 Jun to 15 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 %
Before30 Jun₹418.30basebase
On the day1 Jul₹418.200.0%▲ +0.6%−0.6 pp difference
+1 session2 Jul₹418.60▲ +0.1%▲ +1.3%−1.2 pp difference
+3 sessions6 Jul₹424.30▲ +1.4%▲ +2.4%−0.9 pp difference
+5 sessions8 Jul₹397.05▼ −5.1%▲ +0.1%−5.2 pp difference
Gap at the open, % · ₹
▲ +0.8%+3.14 on 1 Jul
Day's range, % · ₹
3.4%≈ 14 high to low
Volume on the day
2.02×the 20-session average
Futures OI on the day
▲ +2.4%+390 lots · short build-up · price 0.0%
Futures OI open, lots
16,0001 Jul · 28 Jul expiry
Futures premium, ₹
+2.10+0.5% to spot
Puts per call, by OI
0.63from 0.49 the session before
Max pain
420from 420 the session before

Source NSE UDiFF bhavcopy · BIOCON on the desk →

Thread · BIOCONAll BIOCON bulletins →

Related