−11% from the high · +57% from the low
Long unwinding into a 0-day expiry: futures OI −44.2% on a −2.9% day, the most call OI sits at 500, the most put OI at 450, max pain 460.
GRANULES futures closed at ₹466.70, −43.2% to spot, with 100% of open interest in the 28 Aug contract, and the 580 straddle prices a move of about ±14% by expiry.
| Expiry | Close ₹ | Basis ₹ · % | Annualised % | OI lots · on the day | Share of OI % | Contracts traded |
|---|---|---|---|---|---|---|
| 28 Aug0 days | ₹466.70 | −355.05−43.2% | 0.00% | 3,500▼ −44.2% · −2,800 lots | 100 | 4,900 |
0.00% of futures OI sits beyond the 28 Aug contract · 28 of 41 listed contracts traded · 7,100 option contracts changed hands
The 580 straddle closed at ₹111.05 (call 0.05 + put 111.00), pricing a move of about ±14% by the 28 Aug expiry. In the last 271 windows of 1 sessions, GRANULES moved more than that 0 times.
After the last 5 bulletins, GRANULES closed higher five sessions later in 0 of 5.
| Bulletin | Day of the news | 1 session later | 5 sessions later | Futures OI on the day |
|---|---|---|---|---|
| 18 SeptGranules India promoter sells 7% stake for ₹1,500 crore | 0.0%Nifty +0.3% · −0.3 pp | ▼ −1.3%Nifty −0.1% · −1.2 pp | ▼ −2.8%Nifty −2.4% · −0.3 pp | — |
| 16 SeptGranules India promoter sells 6.9% stake for ₹1,509 crore | ▼ −4.2%Nifty +0.4% · −4.7 pp | ▼ −0.3%Nifty +0.7% · −0.9 pp | ▼ −1.4%Nifty +1.4% · −2.8 pp | — |
| 15 SeptGranules India promoter sells 6.9% stake for ₹1,509 crore | ▼ −4.2%Nifty +0.4% · −4.7 pp | ▼ −0.3%Nifty +0.7% · −0.9 pp | ▼ −1.4%Nifty +1.4% · −2.8 pp | — |
| 23 JulGranules India Q1 profit exceeds estimates, target raised | ▼ −0.1%Nifty −0.5% · +0.4 pp | ▼ −2.4%Nifty −0.9% · −1.4 pp | ▼ −2.3%Nifty +1.3% · −3.7 pp | — |
| 21 JulGranules India reports strong Q1 with 22% revenue growth | ▼ −2.5%Nifty −0.8% · −1.7 pp | ▼ −2.6%Nifty −1.3% · −1.3 pp | ▼ −3.9%Nifty +0.3% · −4.1 pp | — |
Revenue ₹1,477 cr; profit ₹180 cr in the Jun 2026 quarter, consolidated.
| Quarter | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ | Market on the day |
|---|---|---|---|---|---|---|
| Jun 2026filed 21 Jul | ₹1,477 cr | — | ₹180 cr | — | 7.12 | ▼ −0.1%Nifty −0.2% · +0.2 pp |
| Mar 2026filed 29 Apr · audited | ₹1,471 cr | — | ₹202 cr | — | 8.23 | ▼ −0.7%Nifty −0.7% · +0.1 pp |
4.0 times book value, a 0.21% dividend yield, market cap ₹20,000 cr.
| Stock | Market cap ₹ | P/E | P/B | Close ₹ |
|---|---|---|---|---|
| SUNPHARMASun Pharmaceutical Industries Limited | 4,30,000 cron 1 Oct | 36consolidated | 5.2 | ₹1,801.00 |
| DIVISLABDivi's Laboratories Limited | 2,50,000 cron 1 Oct | 52consolidated | 15 | ₹9,249.00 |
| TORNTPHARMTorrent Pharmaceuticals Limited | 1,80,000 cron 1 Oct | 76consolidated | 10 | ₹4,767.30 |
| ZYDUSLIFEZydus Lifesciences Limited | 1,10,000 cron 1 Oct | 26consolidated | 3.9 | ₹1,145.70 |
| CIPLACipla Limited | 1,10,000 cron 1 Oct | 32consolidated | 3.1 | ₹1,344.00 |
| LAURUSLABSLaurus Labs Limited | 1,10,000 cron 1 Oct | 85consolidated | 20 | ₹1,984.00 |
| MANKINDMankind Pharma Limited | 1,00,000 cron 1 Oct | 51consolidated | 6.3 | ₹2,535.00 |
| DRREDDYDr. Reddy's Laboratories Limited | 1,00,000 cron 1 Oct | 31consolidated | 2.6 | ₹1,206.20 |
| AUROPHARMAAurobindo Pharma Limited | 96,000 cron 1 Oct | 26consolidated | 2.5 | ₹1,676.80 |
| LUPINLupin Limited | 93,000 cron 1 Oct | 17consolidated | 4.1 | ₹2,031.20 |
| GLENMARKGlenmark Pharmaceuticals Limited | 66,000 cron 1 Oct | 37consolidated | 6.3 | ₹2,331.00 |
| ALKEMAlkem Laboratories Limited | 62,000 cron 1 Oct | 29consolidated | 4.3 | ₹5,220.00 |
| BIOCONBiocon Limited | 60,000 cron 1 Oct | 110consolidated | 1.6 | ₹370.70 |
| ABBOTINDIAAbbott India Limited | 57,000 cron 1 Oct | — | — | ₹26,840.00 |
| IPCALABIPCA Laboratories Limited | 49,000 cron 1 Oct | — | 5.2 | ₹1,943.20 |
| GLANDGland Pharma Limited | 47,000 cron 1 Oct | — | 4.6 | ₹2,874.40 |
| GLAXOGlaxoSmithKline Pharmaceuticals Limited | 47,000 cron 1 Oct | — | 21 | ₹2,771.10 |
| AJANTPHARMAjanta Pharma Limited | 45,000 cron 1 Oct | — | 9.9 | ₹3,581.00 |
| EMCUREEmcure Pharmaceuticals Limited | 37,000 cron 1 Oct | — | 7.4 | ₹1,944.60 |
| WOCKPHARMAWockhardt Limited | 34,000 cron 1 Oct | — | 6.4 | ₹2,083.90 |
| SAILIFESai Life Sciences Limited | 33,000 cron 1 Oct | — | 13 | ₹1,541.20 |
| NEULANDLABNeuland Laboratories Limited | 28,000 cron 1 Oct | — | 15 | ₹21,505.00 |
| RUBICONRubicon Research Limited | 27,000 cron 1 Oct | — | 21 | ₹1,630.90 |
| PPLPHARMAPiramal Pharma Limited | 26,000 cron 1 Oct | — | 3.2 | ₹197.95 |
| ACUTAASAcutaas Chemicals Limited | 26,000 cron 1 Oct | — | 15 | ₹3,196.50 |
| SHILPAMEDShilpa Medicare Limited | 21,000 cron 1 Oct | — | 8.0 | ₹1,064.10 |
| GRANULESGranules India Limited | 20,000 cron 1 Oct | — | 4.0 | ₹821.75 |
| CAPLIPOINTCaplin Point Laboratories Limited | 20,000 cron 1 Oct | — | 5.5 | ₹2,631.90 |
| PFIZERPfizer Limited | 18,000 cron 1 Oct | — | 4.2 | ₹3,858.90 |
| ONESOURCEOnesource Specialty Pharma Limited | 17,000 cron 1 Oct | — | 3.0 | ₹1,508.00 |
| COHANCECohance Lifesciences Limited | 17,000 cron 1 Oct | — | 4.3 | ₹451.30 |
| ALIVUSAlivus Life Sciences Limited | 17,000 cron 1 Oct | — | 5.1 | ₹1,374.20 |
| ERISEris Lifesciences Limited | 16,000 cron 1 Oct | — | 4.2 | ₹1,189.80 |
| NATCOPHARMNatco Pharma Limited | 16,000 cron 1 Oct | — | 1.8 | ₹821.30 |
| APLLTDAlembic Pharmaceuticals Limited | 16,000 cron 1 Oct | — | 2.8 | ₹815.25 |
| JUBLPHARMAJubilant Pharmova Limited | 16,000 cron 1 Oct | — | 2.2 | ₹999.30 |
| ASTRAZENAstraZeneca Pharma India Limited | 15,000 cron 1 Oct | — | 17 | ₹6,031.00 |
| MARKSANSMarksans Pharma Limited | 15,000 cron 1 Oct | — | 4.8 | ₹325.60 |
| CONCORDBIOConcord Biotech Limited | 14,000 cron 1 Oct | — | 7.1 | ₹1,374.10 |
| AKUMSAkums Drugs and Pharmaceuticals Limited | 13,000 cron 1 Oct | — | 3.8 | ₹813.10 |
| CORONACORONA Remedies Limited | 12,000 cron 1 Oct | — | 17 | ₹2,029.40 |
| BLUEJETBlue Jet Healthcare Limited | 10,000 cron 1 Oct | — | 7.5 | ₹541.80 |
| VIYASHViyash Scientific Limited | 10,000 cron 1 Oct | — | 3.3 | ₹231.75 |
| STARStrides Pharma Science Limited | 10,000 cron 1 Oct | — | 3.2 | ₹1,084.80 |
| PGHLProcter & Gamble Health Limited | 8,900 cron 1 Oct | — | 17 | ₹5,360.00 |
| AARTIPHARMAarti Pharmalabs Limited | 8,800 cron 1 Oct | — | 4.1 | ₹968.50 |
| SANOFICONRSanofi Consumer Healthcare India Limited | 8,700 cron 1 Oct | — | 25 | ₹3,787.20 |
| SYMBIOTECSymbiotec Pharmalab Limited | 7,700 cron 1 Oct | — | — | ₹1,198.00 |
| SUPRIYASupriya Lifescience Limited | 7,500 cron 1 Oct | — | 6.3 | ₹931.00 |
| MOREPENLABMorepen Laboratories Limited | 7,300 cron 1 Oct | — | 5.9 | ₹133.70 |
| SANOFISanofi India Limited | 7,000 cron 1 Oct | — | 8.5 | ₹3,037.40 |
| INNOVACAPInnova Captab Limited | 6,700 cron 1 Oct | — | 6.1 | ₹1,168.00 |
| SPARCSun Pharma Advanced Research Company Limited | 6,300 cron 1 Oct | — | 4.7 | ₹194.15 |
| SENORESSenores Pharmaceuticals Limited | 6,200 cron 1 Oct | — | 6.4 | ₹1,349.60 |
| IOLCPIOL Chemicals and Pharmaceuticals Limited | 6,100 cron 1 Oct | — | 3.4 | ₹209.40 |
| ORCHPHARMAOrchid Pharma Limited | 5,900 cron 1 Oct | — | 4.6 | ₹990.00 |
| FDCFDC Limited | 5,500 cron 1 Oct | — | 2.2 | ₹335.90 |
| GUJTHEMGujarat Themis Biosyn Limited | 5,000 cron 1 Oct | — | — | ₹381.80 |
| NOVARTINDNovartis India Limited | 4,900 cron 1 Oct | — | — | ₹1,965.00 |
| RPGLIFERPG Life Sciences Limited | 4,800 cron 1 Oct | — | 8.0 | ₹2,930.70 |
| SMSPHARMASMS Pharmaceuticals Limited | 4,400 cron 1 Oct | — | 5.6 | ₹471.30 |
| GUFICBIOGufic Biosciences Limited | 4,200 cron 1 Oct | — | 6.3 | ₹418.40 |
| AARTIDRUGSAarti Drugs Limited | 3,800 cron 1 Oct | — | 2.5 | ₹421.00 |
| UNICHEMLABUnichem Laboratories Limited | 3,800 cron 1 Oct | — | 1.4 | ₹535.05 |
| KPLKwality Pharmaceuticals Limited | 3,700 cron 1 Oct | — | — | ₹3,564.40 |
| SOLARASolara Active Pharma Sciences Limited | 3,400 cron 1 Oct | — | 2.7 | ₹714.85 |
| INDSWFTLABInd-Swift Laboratories Limited | 3,400 cron 1 Oct | — | 2.5 | ₹395.15 |
| SHUKRAPHARShukra Pharmaceuticals Limited | 2,700 cron 1 Oct | — | — | ₹61.80 |
| HIKALHikal Limited | 2,700 cron 1 Oct | — | 2.2 | ₹218.15 |
| VENUSREMVenus Remedies Limited | 2,400 cron 1 Oct | — | 3.6 | ₹1,796.70 |
| DCALDishman Carbogen Amcis Limited | 2,400 cron 1 Oct | — | 0.35 | ₹150.35 |
| INDOCOIndoco Remedies Limited | 2,300 cron 1 Oct | — | 2.5 | ₹251.75 |
| SAIPARENTSai Parenterals Limited | 2,300 cron 1 Oct | — | 4.7 | ₹523.65 |
| SYNCOMFSyncom Formulations (India) Limited | 2,300 cron 1 Oct | — | 5.4 | ₹23.95 |
| FREDUNFredun Pharmaceuticals Limited | 2,200 cron 1 Oct | — | — | ₹1,355.20 |
| WINDLASWindlas Biotech Limited | 2,200 cron 1 Oct | — | — | ₹1,082.40 |
| PANACEABIOPanacea Biotec Limited | 2,200 cron 1 Oct | — | 2.6 | ₹359.05 |
| HESTERBIOHester Biosciences Limited | 1,800 cron 1 Oct | — | 4.9 | ₹2,126.80 |
| NGLFINENGL Fine-Chem Limited | 1,800 cron 1 Oct | — | 5.5 | ₹2,924.00 |
| AHCLAnlon Healthcare Limited | 1,700 cron 1 Oct | — | 6.8 | ₹32.85 |
| FERMENTAFermenta Biotech Limited | 1,600 cron 1 Oct | — | — | ₹553.25 |
| JAGSNPHARMJagsonpal Pharmaceuticals Limited | 1,500 cron 1 Oct | — | 5.5 | ₹231.75 |
| AMRUTANJANAmrutanjan Health Care Limited | 1,500 cron 1 Oct | — | 4.0 | ₹513.20 |
| KOPRANKopran Limited | 1,400 cron 1 Oct | — | 2.6 | ₹282.05 |
| BPLPHARMABharat Parenterals Limited | 1,200 cron 1 Oct | — | — | ₹1,720.40 |
| LINCOLNLincoln Pharmaceuticals Limited | 1,200 cron 1 Oct | — | 1.5 | ₹582.05 |
| BAJAJHCAREBajaj Healthcare Limited | 1,100 cron 1 Oct | — | 2.0 | ₹322.95 |
| SIGACHISigachi Industries Limited | 1,100 cron 1 Oct | — | 2.0 | ₹28.35 |
| THEMISMEDThemis Medicare Limited | 1,000 cron 1 Oct | — | 2.6 | ₹113.20 |
| SGRLShree Ganesh Remedies Limited | 890 cron 1 Oct | — | — | ₹694.25 |
| ANUHPHRAnuh Pharma Limited | 860 cron 1 Oct | — | 2.4 | ₹85.85 |
| ZIMLABZim Laboratories Limited | 740 cron 1 Oct | — | 2.5 | ₹137.00 |
| WANBURYWanbury Limited | 690 cron 1 Oct | — | 4.8 | ₹198.00 |
| ALBERTDAVDAlbert David Limited | 490 cron 1 Oct | — | 1.3 | ₹856.70 |
| MEDICAMEQMedicamen Biotech Limited | 470 cron 17 Sept | — | 1.7 | ₹346.30 |
| HALEOSLABSHALEOS LABS LIMITED | 450 cron 1 Oct | — | 2.0 | ₹1,490.00 |
| JENBURPHJenburkt Pharmaceuticals Limited | 400 cron 1 Oct | — | — | ₹915.25 |
| AAREYDRUGSAarey Drugs & Pharmaceuticals Limited | 290 cron 1 Oct | — | 2.0 | ₹103.85 |
| NECLIFENectar Lifesciences Limited | 200 cron 1 Oct | — | 0.34 | ₹10.25 |
| MEDICOMedico Remedies Limited | 180 cron 1 Oct | — | 2.4 | ₹21.85 |
| BALPHARMABal Pharma Limited | 170 cron 1 Oct | — | 2.0 | ₹105.75 |
| BROOKSBrooks Laboratories Limited | 160 cron 1 Oct | — | 1.3 | ₹54.80 |
| KREBSBIOKrebs Biochemicals and Industries Limited | 150 cron 1 Oct | — | — | ₹68.05 |
| PARNAXLABParnax Lab Limited | 130 cron 1 Oct | — | — | ₹113.15 |
| ALPAAlpa Laboratories Limited | 120 cron 1 Oct | — | 0.67 | ₹59.25 |
| MAKERSLMakers Laboratories Limited | 110 cron 1 Oct | — | — | ₹183.50 |
| SUNLOCSunil Healthcare Limited | 72 cron 1 Oct | — | — | ₹70.10 |
| VINEETLABVineet Laboratories Limited | 69 cron 1 Oct | — | 1.5 | ₹35.90 |
| BIOFILCHEMBiofil Chemicals & Pharmaceuticals Limited | 48 cron 1 Oct | — | 2.2 | ₹29.30 |
| MANGALAMMangalam Drugs And Organics Limited | 46 cron 1 Oct | — | 0.45 | ₹29.15 |
| MEDICAPQMedi Caps Limited | 31 cron 17 Sept | — | — | ₹24.80 |
| ORTINGLOBEORTIN GLOBAL LIMITED | 12 cron 1 Oct | — | 9.5 | ₹14.50 |
| AMANTAAmanta Healthcare Limited | — | — | — | — |
| AMBALALSAAmbalal Sarabhai Enterprises Limited | — | — | — | — |
| BAFNAPHBafna Pharmaceuticals Limited | — | — | — | — |
| BLISSGVSBliss GVS Pharma Limited | — | — | — | — |
| KILITCHKilitch Drugs (India) Limited | — | — | — | — |
| LASALasa Supergenerics Limited | — | — | — | — |
| LYKALABSLyka Labs Limited | — | — | — | — |
| NATCAPSUQNatural Capsules Limited | — | — | — | — |
| VALIANTLABValiant Laboratories Limited | — | — | — | — |
| VIVIMEDLABVivimed Labs Limited | — | — | — | — |
Promoters hold 37.4%, foreign portfolio investors 20.3%, mutual funds 4.2% and insurance companies 7.2%, as filed for the quarter to 16 Sept.
| Category | 16 Sept | 30 Jun | 31 Mar |
|---|---|---|---|
| Promoters | 37.39▼ −0.63 pp | 38.020.00 pp | 38.02 |
| Foreign portfolio investors | 20.29▲ +2.79 pp | 17.50▲ +2.19 pp | 15.31 |
| Mutual funds | 4.18▲ +0.73 pp | 3.45▲ +0.60 pp | 2.85 |
| Insurance companies | 7.17▼ −1.64 pp | 8.81▼ −1.59 pp | 10.40 |
| Banks and financial institutions | 4.05▲ +0.20 pp | 3.85▲ +0.09 pp | 3.76 |
| Individual investors | 19.40▼ −0.33 pp | 19.73▼ −1.75 pp | 21.48 |
| Bodies corporate | 5.51▼ −0.80 pp | 6.31▲ +0.61 pp | 5.70 |
| Others | 2.02▼ −0.31 pp | 2.33▼ −0.16 pp | 2.49 |
Nothing upcoming on record; the last was a dividend of ₹1.75 a share, ex-date 30 Jul 2026.
| Ex-date | Action | Amount or ratio | Record date | Source |
|---|---|---|---|---|
| recent | ||||
| 30 Jul 2026 | dividend | ₹1.75 | 30 Jul 2026 | NSE |
| 31 Jul 2025 | dividend | ₹1.50 | 31 Jul 2025 | NSE |
| 30 Jul 2024 | dividend | ₹1.50 | — | NSE |
GRANULES is −1.2% over 20 sessions against Nifty's −6.2%, 11% below its 52-week high, realised volatility 38% annualised.
| Window | From ₹ | GRANULES % | Nifty 50 % | Difference pp |
|---|---|---|---|---|
| 250 sessionssince 26 Sept | ₹515.92 | ▲ +59% | ▼ −9.1% | +68 |
| 120 sessionssince 9 Apr | ₹635.49 | ▲ +29% | ▼ −5.7% | +35 |
| 60 sessionssince 8 Jul | ₹859.57 | ▼ −4.4% | ▼ −6.1% | +1.7 |
| 20 sessionssince 2 Sept | ₹831.73 | ▼ −1.2% | ▼ −6.2% | +5.0 |
| 5 sessionssince 24 Sept | ₹852.97 | ▼ −3.7% | ▼ −2.8% | −0.88 |
| 1 sessionsince 30 Sept | ₹846.55 | ▼ −2.9% | ▼ −0.88% | −2.0 |
OI Charts is not a SEBI-registered investment adviser or research analyst. Prices, open interest, filings and the desk read are exchange data and arithmetic on it, not a basis for any investment decision.