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Biocon to merge with Biocon Biologics for $5.5 billion

after close1 source ↓written by the desknot a recommendation

deal valued
$5.5 billion

Biocon will fully integrate Biocon Biologics as a wholly owned subsidiary in a deal valued at $5.5 billion. This merger is seen as the most value-accretive option following a negative market reaction to the Viatris acquisition. The combined entity aims to enhance financial metrics and unlock synergies across various sectors.

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 7 Dec 2025, 16:02 IST.

Sourcesnews.google.com

The market after the news

BIOCON closed −2.3% on the day of the news, from ₹392.65 to ₹383.80; Nifty −0.9% over the same session; futures OI +0.4%.

Bulletin at 16:02 IST on 7 Dec 2025. Every change is measured from ₹392.65, the last close before it, on 5 Dec. 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 it351.81392.65433.49axis spans 23%before the news · 5 Dec392.65Nifty 50BIOCONbulletinD0+1+3+51 Dec11 Dec22 DecFutures open interest, lotspeak 20,000Reference close ₹392.65. 16 sessions from 1 Dec to 22 Dec; 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 %
Before5 Dec₹392.65basebase
On the day8 Dec₹383.80▼ −2.3%▼ −0.9%−1.4 pp difference
+1 session9 Dec₹383.65▼ −2.3%▼ −1.3%−1.0 pp difference
+3 sessions11 Dec₹381.75▼ −2.8%▼ −1.1%−1.7 pp difference
+5 sessions15 Dec₹390.65▼ −0.5%▼ −0.6%+0.1 pp difference
Gap at the open, % · ₹
▲ +0.7%+2.55 on 8 Dec
Day's range, % · ₹
3.6%≈ 14 high to low
Volume on the day
1.20×the 20-session average
Futures OI on the day
▲ +0.4%+73 lots · short build-up · price −2.3%
Futures OI open, lots
20,0008 Dec · 30 Dec expiry
Futures premium, ₹
+1.65+0.4% to spot
Puts per call, by OI
0.47from 0.49 the session before
Max pain
395from 400 the session before

Source NSE UDiFF bhavcopy · BIOCON on the desk →

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