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Sun Pharma plans $11.75 billion acquisition of Organon

after close1 source ↓written by the desknot a recommendation

deal
$11.75 billion

Sun Pharmaceutical Industries is set to acquire Organon & Co. in a $11.75 billion deal. Legal support comes from AZB & Partners, Cyril Amarchand Mangaldas, and others, ensuring compliance with industry nuances. This acquisition may enhance Sun Pharma's portfolio and market position in the pharmaceutical sector. 📈

• Key legal advisors: AZB & Partners, Cyril Amarchand Mangaldas

• Transaction value: $11.75 billion

• Market implications: Potential growth in pharmaceutical offerings.

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 29 Apr 2026, 16:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SUNPHARMA closed +1.7% on the day of the news, from ₹1,778.70 to ₹1,808.30; Nifty −0.7% over the same session; futures OI −2.8%.

Bulletin at 16:04 IST on 29 Apr 2026. Every change is measured from ₹1,778.70, the last close before it, on 29 Apr. 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 it162017611902axis spans 17%before the news · 29 Apr1779Nifty 50SUNPHARMAbulletinD0+1+3+523 Apr6 May15 MayFutures open interest, lotspeak 89,000Reference close ₹1,778.70. 16 sessions from 23 Apr to 15 May; the price axis spans 17 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 %
Before29 Apr₹1,778.70basebase
On the day30 Apr₹1,808.30▲ +1.7%▼ −0.7%+2.4 pp difference
+1 session4 May₹1,823.50▲ +2.5%▼ −0.2%+2.8 pp difference
+3 sessions6 May₹1,850.20▲ +4.0%▲ +0.6%+3.4 pp difference
+5 sessions8 May₹1,847.90▲ +3.9%0.0%+3.9 pp difference
Gap at the open, % · ₹
▼ −0.4%−7.65 on 30 Apr
Day's range, % · ₹
3.0%≈ 54 high to low
Volume on the day
0.77×the 20-session average
Futures OI on the day
▼ −2.8%−2,300 lots · short covering · price +1.7%
Futures OI open, lots
81,00030 Apr · 26 May expiry
Futures premium, ₹
+6.70+0.4% to spot
Puts per call, by OI
0.76from 0.76 the session before
Max pain
1,740from 1,720 the session before

Source NSE UDiFF bhavcopy · SUNPHARMA on the desk →

Thread · SUNPHARMAAll SUNPHARMA bulletins →

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