OICHARTS
8 AMThe 8 AM report →
PharmaHigh impactPre-market

Biocon considers merger or IPO for Biocon Biologics

pre-market1 source ↓written by the desknot a recommendation

merger of Biocon
$4.5 billion

Biocon Ltd. is evaluating a $4.5 billion merger of Biocon Biologics with itself, while also considering an IPO. Kiran Mazumdar-Shaw confirmed that discussions with minority shareholders are ongoing, with options for a share swap or cash. Morgan Stanley has been appointed to guide the decision-making process. 📈

This move could impact investor sentiment and valuation strategies in the biosimilars sector.

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 14 Nov 2025, 07:05 IST.

Sourcesnews.google.com

The market after the news

BIOCON closed −1.4% on the day of the news, from ₹417.00 to ₹411.15; Nifty +0.1% over the same session; futures OI −0.7%.

Bulletin at 07:05 IST on 14 Nov 2025. Every change is measured from ₹417.00, the last close before it, on 13 Nov. 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 it373.63417.00460.37axis spans 23%before the news · 13 Nov417.00Nifty 50BIOCONbulletinD0+1+3+57 Nov19 Nov28 NovFutures open interest, lotspeak 21,000Reference close ₹417.00. 16 sessions from 7 Nov to 28 Nov; 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 %
Before13 Nov₹417.00basebase
On the day14 Nov₹411.15▼ −1.4%▲ +0.1%−1.5 pp difference
+1 session17 Nov₹420.95▲ +0.9%▲ +0.5%+0.4 pp difference
+3 sessions19 Nov₹410.10▼ −1.6%▲ +0.7%−2.3 pp difference
+5 sessions21 Nov₹396.85▼ −4.8%▲ +0.7%−5.6 pp difference
Gap at the open, % · ₹
▼ −0.5%−2.25 on 14 Nov
Day's range, % · ₹
2.9%≈ 12 high to low
Volume on the day
0.90×the 20-session average
Futures OI on the day
▼ −0.7%−140 lots · long unwinding · price −1.4%
Futures OI open, lots
20,00014 Nov · 25 Nov expiry
Futures premium, ₹
+1.05+0.3% to spot
Puts per call, by OI
0.90from 1.04 the session before
Max pain
400from 400 the session before

Source NSE UDiFF bhavcopy · BIOCON on the desk →

Thread · BIOCONAll BIOCON bulletins →

Related