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Torrent Pharma, JB Chemicals reach 52-week highs after merger approval

Torrent Pharmaceuticals and JB Chemicals hit 52-week highs after NCLT approved their merger. Torrent closed at ₹4,856.70, while JB Chemicals reached ₹2,422.00, reflecting strong investor interest and trading volumes.

after close1 source ↓written by the desknot a recommendation

following the National
52-week highs
Torrent closed
₹4,856.70
intraday high
₹4,878.90
JB Chemicals rose
1.34%
₹2,422.00

Shares of Torrent Pharmaceuticals and JB Chemicals surged to 52-week highs following the National Company Law Tribunal's approval of their merger.

- Torrent closed at ₹4,856.70, up 0.7%, with an intraday high of ₹4,878.90.

- JB Chemicals rose 1.34% to ₹2,422.00, peaking at ₹2,428.80.

Strong delivery volumes indicate robust investor interest.

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 Jul 2026, 16:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

TORNTPHARM closed +0.7% on the day of the news, from ₹4,866.40 to ₹4,898.20; Nifty +0.3% over the same session; futures OI −1.4%.

Bulletin at 16:06 IST on 8 Jul 2026. Every change is measured from ₹4,866.40, the last close before it, on 8 Jul. Nifty 50 is measured over the same sessions.

  • TORNTPHARM close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
TORNTPHARM closes around the bulletin against the close before the news, with Nifty 50 rebased to it441148665322axis spans 21%before the news · 8 Jul4866Nifty 50TORNTPHARMbulletinD0+1+3+52 Jul14 Jul23 JulFutures open interest, lotspeak 46,000Reference close ₹4,866.40. 16 sessions from 2 Jul to 23 Jul; the price axis spans 21 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 %
Before8 Jul₹4,866.40basebase
On the day9 Jul₹4,898.20▲ +0.7%▲ +0.3%+0.3 pp difference
+1 session10 Jul₹4,901.50▲ +0.7%▲ +1.4%−0.6 pp difference
+3 sessions14 Jul₹4,973.50▲ +2.2%▲ +0.7%+1.5 pp difference
+5 sessions16 Jul₹4,987.60▲ +2.5%▲ +0.8%+1.7 pp difference
Gap at the open, % · ₹
▼ −0.3%−14.60 on 9 Jul
Day's range, % · ₹
1.9%≈ 91 high to low
Volume on the day
0.87×the 20-session average
Futures OI on the day
▼ −1.4%−300 lots · short covering · price +0.7%
Futures OI open, lots
21,0009 Jul · 28 Jul expiry
Futures premium, ₹
−20.70−0.4% to spot
Puts per call, by OI
0.77from 0.77 the session before
Max pain
4,750from 4,750 the session before

Source NSE UDiFF bhavcopy · TORNTPHARM on the desk →

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