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PharmaMedium impactPre-market

S&P Global raises Biocon Biologics’ credit rating to BB+

pre-market1 source ↓written by the desknot a recommendation

Biocon Biologics Limited received an upgrade from S&P Global Ratings, raising its long-term issuer credit rating to BB+ from BB with a stable outlook. This follows a recent equity issuance of approximately US$460 million aimed at settling US$1 billion in compulsorily convertible preference shares. The upgrade reflects a cleaner capital structure and improved credit strength.

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, 07:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

BIOCON closed +0.4% on the day of the news, from ₹366.80 to ₹368.20; Nifty −2.0% over the same session; futures OI −0.4%.

Bulletin at 07:03 IST on 1 Feb 2026. Every change is measured from ₹366.80, the last close before it, on 30 Jan. Nifty 50 is measured over the same sessions.

  • BIOCON close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
BIOCON closes around the bulletin against the close before the news, with Nifty 50 rebased to it328.65366.80404.95axis spans 23%before the news · 30 Jan366.80Nifty 50BIOCONbulletinD0+1+3+523 Jan4 Feb13 FebFutures open interest, lotspeak 20,000Reference close ₹366.80. 16 sessions from 23 Jan to 13 Feb; the price axis spans 23 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₹366.80basebase
On the day1 Feb₹368.20▲ +0.4%▼ −2.0%+2.3 pp difference
+1 session2 Feb₹370.15▲ +0.9%▼ −0.9%+1.8 pp difference
+3 sessions4 Feb₹368.55▲ +0.5%▲ +1.8%−1.3 pp difference
+5 sessions6 Feb₹365.40▼ −0.4%▲ +1.5%−1.9 pp difference
Gap at the open, % · ₹
▼ −0.3%−1.28 on 1 Feb
Day's range, % · ₹
4.2%≈ 16 high to low
Volume on the day
2.29×the 20-session average
Futures OI on the day
▼ −0.4%−66 lots · short covering · price +0.4%
Futures OI open, lots
16,0001 Feb · 24 Feb expiry
Futures premium, ₹
+0.45+0.1% to spot
Puts per call, by OI
0.72from 0.95 the session before
Max pain
375from 375 the session before

Source NSE UDiFF bhavcopy · BIOCON on the desk →

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