OICHARTS
8 AMThe 8 AM report →
PharmaMedium impactPre-market

Glenmark Pharma faces GST search amid Q3 results

pre-market1 source ↓written by the desknot a recommendation

Mumbai offices
27-31 Jan 2026

Shares of Glenmark Pharma Ltd. will be under scrutiny following GST search and seizure operations at its Mumbai offices from 27-31 Jan 2026. The company stated it has cooperated fully and reported no adverse findings. Additionally, Glenmark's December quarter results showed improvement, reflecting positive operational trends.

• No material impact on financials

• Q3 results released post-market hours on Friday

Immediate market reactions are anticipated as investors digest these developments.

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 1 Feb 2026, 07:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

GLENMARK closed −3.8% on the day of the news, from ₹2,015.90 to ₹1,940.00; Nifty −2.0% over the same session; futures OI −0.2%.

Bulletin at 07:04 IST on 1 Feb 2026. Every change is measured from ₹2,015.90, the last close before it, on 30 Jan. Nifty 50 is measured over the same sessions.

  • GLENMARK close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
GLENMARK closes around the bulletin against the close before the news, with Nifty 50 rebased to it177320162259axis spans 27%before the news · 30 Jan2016Nifty 50GLENMARKbulletinD0+1+3+523 Jan4 Feb13 FebFutures open interest, lotspeak 31,000Reference close ₹2,015.90. 16 sessions from 23 Jan to 13 Feb; the price axis spans 27 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 Jan₹2,015.90basebase
On the day1 Feb₹1,940.00▼ −3.8%▼ −2.0%−1.8 pp difference
+1 session2 Feb₹1,920.40▼ −4.7%▼ −0.9%−3.8 pp difference
+3 sessions4 Feb₹1,959.30▼ −2.8%▲ +1.8%−4.6 pp difference
+5 sessions6 Feb₹1,934.80▼ −4.0%▲ +1.5%−5.5 pp difference
Gap at the open, % · ₹
▼ −0.2%−4.84 on 1 Feb
Day's range, % · ₹
4.1%≈ 82 high to low
Volume on the day
0.81×the 20-session average
Futures OI on the day
▼ −0.2%−72 lots · long unwinding · price −3.8%
Futures OI open, lots
31,0001 Feb · 24 Feb expiry
Futures premium, ₹
+7.80+0.4% to spot
Puts per call, by OI
0.68from 0.63 the session before
Max pain
2,000from 2,000 the session before

Source NSE UDiFF bhavcopy · GLENMARK on the desk →

Thread · GLENMARKAll GLENMARK bulletins →

Related