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PharmaAfter close

Torrent Pharma launches open offer for JB Chemicals

after close1 source ↓written by the desknot a recommendation

in JB Chemicals
26% stake
JB Chemicals
₹1,639.18 per share
following approval
18 Nov 2025
deal to gain
₹19,500 cr

Torrent Pharmaceuticals has initiated an open offer to acquire a 26% stake in JB Chemicals at ₹1,639.18 per share. The offer opens on 18 Nov 2025 following approval from the Competition Commission of India. This move is part of a larger ₹19,500 cr deal to gain majority control of JB Chemicals.

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 7 Nov 2025, 16:06 IST.

Sourcesnews.google.com

The market after the news

TORNTPHARM closed +6.6% on the day of the news, from ₹3,580.00 to ₹3,817.50; Nifty +0.3% over the same session; futures OI +2.5%.

Bulletin at 16:06 IST on 7 Nov 2025. Every change is measured from ₹3,580.00, the last close before it, on 7 Nov. 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 it324535803915axis spans 21%before the news · 7 Nov3580Nifty 50TORNTPHARMbulletinD0+1+3+531 Oct13 Nov24 NovFutures open interest, lotspeak 9,900Reference close ₹3,580.00. 16 sessions from 31 Oct to 24 Nov; 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 %
Before7 Nov₹3,580.00basebase
On the day10 Nov₹3,817.50▲ +6.6%▲ +0.3%+6.3 pp difference
+1 session11 Nov₹3,825.80▲ +6.9%▲ +0.8%+6.1 pp difference
+3 sessions13 Nov₹3,826.10▲ +6.9%▲ +1.5%+5.3 pp difference
+5 sessions17 Nov₹3,819.40▲ +6.7%▲ +2.0%+4.7 pp difference
Gap at the open, % · ₹
▲ +2.2%+79.83 on 10 Nov
Day's range, % · ₹
6.5%≈ 230 high to low
Volume on the day
10.29×the 20-session average
Futures OI on the day
▲ +2.5%+210 lots · long build-up · price +6.6%
Futures OI open, lots
8,40010 Nov · 25 Nov expiry
Futures premium, ₹
+13.20+0.3% to spot
Puts per call, by OI
0.80from 0.43 the session before
Max pain
3,700from 3,550 the session before

Source NSE UDiFF bhavcopy · TORNTPHARM on the desk →

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