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PackagingHigh impactAfter close

EPL and Indovida merge to form $2 billion packaging leader

after close1 source ↓written by the desknot a recommendation

packaging giant
$2 billion
projected revenues
$1 billion

In a significant merger, EPL Ltd and Indovida India Pvt Ltd have combined forces, creating a $2 billion packaging giant with projected revenues of $1 billion. This strategic alliance merges EPL's strength in flexible tube packaging with Indovida's rigid PET solutions, potentially unlocking substantial shareholder value. 📈

The merger is expected to enhance market competitiveness and operational efficiencies, impacting both companies positively in the packaging 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 6 Apr 2026, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

EPL closed −1.8% on the day of the news, from ₹217.74 to ₹213.94; Nifty +0.7% over the same session.

Bulletin at 16:03 IST on 6 Apr 2026. Every change is measured from ₹217.74, the last close before it, on 6 Apr. Nifty 50 is measured over the same sessions.

  • EPL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
EPL closes around the bulletin against the close before the news, with Nifty 50 rebased to it190.13217.74245.35axis spans 29%before the news · 6 Apr217.74Nifty 50EPLbulletinD0+1+3+527 Mar10 Apr22 AprReference close ₹217.74. 16 sessions from 27 Mar to 22 Apr; the price axis spans 29 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 %
Before6 Apr₹217.74basebase
On the day7 Apr₹213.94▼ −1.8%▲ +0.7%−2.4 pp difference
+1 session8 Apr₹227.91▲ +4.7%▲ +4.5%+0.2 pp difference
+3 sessions10 Apr₹234.01▲ +7.5%▲ +4.7%+2.8 pp difference
+5 sessions15 Apr₹234.45▲ +7.7%▲ +5.5%+2.2 pp difference
Gap at the open, % · ₹
0.0%−0.04 on 7 Apr
Day's range, % · ₹
2.5%≈ 5.5 high to low
Volume on the day
0.63×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · EPL on the desk →

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