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PharmaMedium impactPre-market

Granules India promoter sells 6.9% stake for ₹1,509 crore

pre-market1 source ↓written by the desknot a recommendation

Krishna Prasad sold
1.72 crore shares
6.9% of equity
through a block
₹1,509 crore

Granules India is in focus on 15 Sep after promoter Krishna Prasad sold 1.72 crore shares—6.9% of equity—for ₹1,509 crore through a block deal. This sale raises questions about the promoter's intentions and the potential impact on market sentiment. A promoter reducing their stake is often viewed differently than institutional selling.

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 16 Sept 2026, 07:01 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

GRANULES closed −4.2% on the day of the news, from ₹872.60 to ₹835.60; Nifty +0.4% over the same session.

Bulletin at 07:01 IST on 16 Sept 2026. Every change is measured from ₹872.60, the last close before it, on 15 Sept. Nifty 50 is measured over the same sessions.

  • GRANULES close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
GRANULES closes around the bulletin against the close before the news, with Nifty 50 rebased to it744.15872.601001axis spans 35%before the news · 15 Sept872.60Nifty 50GRANULESbulletinD0+1+3+58 Sept21 Sept30 SeptReference close ₹872.60. 16 sessions from 8 Sept to 30 Sept; the price axis spans 35 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 %
Before15 Sept₹872.60basebase
On the day16 Sept₹835.60▼ −4.2%▲ +0.4%−4.7 pp difference
+1 session17 Sept₹870.40▼ −0.3%▲ +0.7%−0.9 pp difference
+3 sessions21 Sept₹875.15▲ +0.3%▲ +1.3%−1.0 pp difference
+5 sessions23 Sept₹860.25▼ −1.4%▲ +1.4%−2.8 pp difference
Gap at the open, % · ₹
▼ −0.4%−3.58 on 16 Sept
Day's range, % · ₹
4.9%≈ 43 high to low
Volume on the day
2.00×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 · GRANULES on the desk →

Thread · GRANULESAll GRANULES bulletins →

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