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ManufacturingHigh impactPre-market

Polyplex Corporation acquires 51% stake in TechNova

pre-market1 source ↓written by the desknot a recommendation

in TechNova Printrite
51% stake
Printrite Products
₹6,209.75 lakhs
finalized
30 April 2026

Polyplex Corporation has completed its acquisition of a 51% stake in TechNova Printrite Products for ₹6,209.75 lakhs. This strategic move, finalized on 30 April 2026, positions Polyplex to enhance its market presence as TechNova becomes a subsidiary. The acquisition underscores Polyplex's commitment to growth and expansion.

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 May 2026, 07:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

POLYPLEX closed −0.6% on the day of the news, from ₹946.20 to ₹940.65; Nifty +0.5% over the same session.

Bulletin at 07:04 IST on 1 May 2026. Every change is measured from ₹946.20, the last close before it, on 30 Apr. Nifty 50 is measured over the same sessions.

  • POLYPLEX close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
POLYPLEX closes around the bulletin against the close before the news, with Nifty 50 rebased to it804.65946.201088axis spans 35%before the news · 30 Apr946.20Nifty 50POLYPLEXbulletinD0+1+3+524 Apr7 May18 MayReference close ₹946.20. 16 sessions from 24 Apr to 18 May; 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 %
Before30 Apr₹946.20basebase
On the day4 May₹940.65▼ −0.6%▲ +0.5%−1.1 pp difference
+1 session5 May₹927.30▼ −2.0%▲ +0.1%−2.1 pp difference
+3 sessions7 May₹940.45▼ −0.6%▲ +1.4%−2.0 pp difference
+5 sessions11 May₹935.20▼ −1.2%▼ −0.8%−0.4 pp difference
Gap at the open, % · ₹
▲ +0.5%+4.83 on 4 May
Day's range, % · ₹
2.1%≈ 19 high to low
Volume on the day
0.51×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 · POLYPLEX on the desk →

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