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![mupdatesbyscanx Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1926935883384553472.png) Market Updates by ScanX [@mupdatesbyscanx](/creator/twitter/mupdatesbyscanx) on x XXX followers
Created: 2025-07-03 20:13:56 UTC

Torrent Pharmaceuticals (TORNTPHARM)
on NSE: 3334.10 (-0.46%)

Torrent Pharma Boosts Stake in JB Chemicals with ₹620 Crore Deal

View: Positive

Torrent Pharmaceuticals Ltd. has agreed to acquire an additional XXXX% stake in JB Chemicals & Pharmaceuticals Ltd. for ₹620 crore, valuing JB Chemicals' shares at ₹1,600 each. This follows Torrent's recent acquisition of a XXXXX% controlling stake in JB Chemicals for ₹11,917 crore. Torrent plans to merge JB Chemicals into its operations post-acquisition, aiming to create synergies and strengthen its market position in the pharmaceutical industry.

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#Stocks #Market #TORNTPHARM

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**Related Topics**
[acquisition](/topic/acquisition)
[stocks](/topic/stocks)
[$torntpharmns](/topic/$torntpharmns)

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