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PharmaAfter close

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

after close1 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, 16:03 IST.

Sourcesnews.google.com

The market after the news

TORNTPHARM closed −1.6% on the day of the news, from ₹3,790.80 to ₹3,731.40; Nifty +0.6% over the same session; futures OI +0.7%.

Bulletin at 16:03 IST on 18 Nov 2025. Every change is measured from ₹3,790.80, the last close before it, on 18 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 it343637914146axis spans 21%before the news · 18 Nov3791Nifty 50TORNTPHARMbulletinD0+1+3+512 Nov24 Nov3 DecFutures open interest, lotspeak 10,000Reference close ₹3,790.80. 16 sessions from 12 Nov to 3 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 %
Before18 Nov₹3,790.80basebase
On the day19 Nov₹3,731.40▼ −1.6%▲ +0.6%−2.1 pp difference
+1 session20 Nov₹3,721.40▼ −1.8%▲ +1.1%−2.9 pp difference
+3 sessions24 Nov₹3,718.40▼ −1.9%▲ +0.2%−2.1 pp difference
+5 sessions26 Nov₹3,755.80▼ −0.9%▲ +1.1%−2.1 pp difference
Gap at the open, % · ₹
▼ −0.2%−7.20 on 19 Nov
Day's range, % · ₹
1.8%≈ 67 high to low
Volume on the day
0.41×the 20-session average
Futures OI on the day
▲ +0.7%+65 lots · short build-up · price −1.6%
Futures OI open, lots
9,00019 Nov · 25 Nov expiry
Futures premium, ₹
+4.20+0.1% to spot
Puts per call, by OI
0.66from 0.73 the session before
Max pain
3,650from 3,700 the session before

Source NSE UDiFF bhavcopy · TORNTPHARM on the desk →

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