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PharmaHigh impactPre-market

Sun Pharma to acquire Organon for $11.75 billion

pre-market1 source ↓written by the desknot a recommendation

all-cash deal
$11.75 billion
priced
$14 per share
from its cash
$2 billion to $2.5 billion

Sun Pharmaceutical Industries has signed a definitive agreement to acquire Organon & Company in a $11.75 billion all-cash deal, priced at $14 per share. The transaction, expected to close within six to nine months, will utilize $2 billion to $2.5 billion from its cash surplus along with bank financing. This acquisition marks a significant strategic move for Sun Pharma.

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 8 May 2026, 07:12 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SUNPHARMA closed +0.7% on the day of the news, from ₹1,834.40 to ₹1,847.90; Nifty −0.6% over the same session; futures OI −1.4%.

Bulletin at 07:12 IST on 8 May 2026. Every change is measured from ₹1,834.40, the last close before it, on 7 May. Nifty 50 is measured over the same sessions.

  • SUNPHARMA close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
SUNPHARMA closes around the bulletin against the close before the news, with Nifty 50 rebased to it170718341962axis spans 15%before the news · 7 May1834Nifty 50SUNPHARMAbulletinD0+1+3+530 Apr13 May22 MayFutures open interest, lotspeak 81,000Reference close ₹1,834.40. 16 sessions from 30 Apr to 22 May; the price axis spans 15 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 %
Before7 May₹1,834.40basebase
On the day8 May₹1,847.90▲ +0.7%▼ −0.6%+1.4 pp difference
+1 session11 May₹1,872.70▲ +2.1%▼ −2.1%+4.2 pp difference
+3 sessions13 May₹1,824.80▼ −0.5%▼ −3.8%+3.2 pp difference
+5 sessions15 May₹1,878.20▲ +2.4%▼ −2.8%+5.2 pp difference
Gap at the open, % · ₹
▼ −0.7%−12.47 on 8 May
Day's range, % · ₹
2.1%≈ 38 high to low
Volume on the day
0.46×the 20-session average
Futures OI on the day
▼ −1.4%−1,100 lots · short covering · price +0.7%
Futures OI open, lots
79,0008 May · 26 May expiry
Futures premium, ₹
+3.30+0.2% to spot
Puts per call, by OI
0.68from 0.68 the session before
Max pain
1,800from 1,800 the session before

Source NSE UDiFF bhavcopy · SUNPHARMA on the desk →

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