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PharmaHigh impactAfter close

Morepen Labs starts ₹825 crore CDMO contract supply

after close1 source ↓written by the desknot a recommendation

has commenced
₹825 crore CDMO contract
in Q1 FY2026-27
₹50 crore shipment
in Q2
50% revenue surge
in additional supplies
₹225 crore
expansion plan targeting
1,000 KL

Morepen Labs has commenced its ₹825 crore CDMO contract, completing a ₹50 crore shipment in Q1 FY2026-27. The company anticipates a 50% revenue surge in Q2, supported by ₹225 crore in additional supplies and a significant capacity expansion plan targeting 1,000 KL. This operational milestone enhances its position in the pharmaceutical manufacturing 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 1 Jul 2026, 16:07 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

MOREPENLAB closed −4.6% on the day of the news, from ₹62.68 to ₹59.79; Nifty +0.7% over the same session.

Bulletin at 16:07 IST on 1 Jul 2026. Every change is measured from ₹62.68, the last close before it, on 1 Jul. Nifty 50 is measured over the same sessions.

  • MOREPENLAB close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
MOREPENLAB closes around the bulletin against the close before the news, with Nifty 50 rebased to it47.4662.6877.90axis spans 64%before the news · 1 Jul62.68Nifty 50MOREPENLABbulletinD0+1+3+524 Jun7 Jul16 JulReference close ₹62.68. 16 sessions from 24 Jun to 16 Jul; the price axis spans 64 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 %
Before1 Jul₹62.68basebase
On the day2 Jul₹59.79▼ −4.6%▲ +0.7%−5.3 pp difference
+1 session3 Jul₹59.07▼ −5.8%▲ +1.1%−6.9 pp difference
+3 sessions7 Jul₹61.19▼ −2.4%▲ +1.6%−4.0 pp difference
+5 sessions9 Jul₹60.96▼ −2.7%▼ −0.2%−2.6 pp difference
Gap at the open, % · ₹
▼ −0.5%−0.29 on 2 Jul
Day's range, % · ₹
5.0%≈ 3.1 high to low
Volume on the day
0.82×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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Source NSE UDiFF bhavcopy · MOREPENLAB on the desk →

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