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PharmaHigh impactPre-market

Torrent Pharmaceuticals launches ₹6,843 crore open offer for J.B. Chemicals

pre-market1 source ↓written by the desknot a recommendation

open offer
₹6,842.80 crore
of J.B
26%
equity shares
4,17,45,264
each
₹1,639.18
announced
17 Nov 2025

Torrent Pharmaceuticals has initiated a ₹6,842.80 crore open offer to acquire 26% of J.B. Chemicals & Pharmaceuticals. The offer targets 4,17,45,264 equity shares at ₹1,639.18 each, announced on 17 Nov 2025. This strategic move could reshape the competitive landscape in the pharmaceutical sector. 📈

The acquisition aims to strengthen Torrent's market position and may influence investor sentiment in the sector.

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 18 Nov 2025, 07:04 IST.

Sourcesnews.google.com

The market after the news

TORNTPHARM closed −0.8% on the day of the news, from ₹3,819.40 to ₹3,790.80; Nifty −0.4% over the same session; futures OI 0.0%.

Bulletin at 07:04 IST on 18 Nov 2025. Every change is measured from ₹3,819.40, the last close before it, on 17 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 it346238194177axis spans 21%before the news · 17 Nov3819Nifty 50TORNTPHARMbulletinD0+1+3+511 Nov21 Nov2 DecFutures open interest, lotspeak 10,000Reference close ₹3,819.40. 16 sessions from 11 Nov to 2 Dec; 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 %
Before17 Nov₹3,819.40basebase
On the day18 Nov₹3,790.80▼ −0.8%▼ −0.4%−0.3 pp difference
+1 session19 Nov₹3,731.40▼ −2.3%▲ +0.1%−2.5 pp difference
+3 sessions21 Nov₹3,686.50▼ −3.5%▲ +0.2%−3.7 pp difference
+5 sessions25 Nov₹3,745.20▼ −1.9%▼ −0.5%−1.4 pp difference
Gap at the open, % · ₹
▲ +0.8%+28.65 on 18 Nov
Day's range, % · ₹
2.1%≈ 79 high to low
Volume on the day
0.39×the 20-session average
Futures OI on the day
0.0%0.00 lots · flat · price −0.8%
Futures OI open, lots
8,90018 Nov · 25 Nov expiry
Futures premium, ₹
+9.60+0.3% to spot
Puts per call, by OI
0.73from 0.79 the session before
Max pain
3,700from 3,700 the session before

Source NSE UDiFF bhavcopy · TORNTPHARM on the desk →

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