The stock quoted a 52-week low price of Rs 1283.9 and a high of Rs 3013.0.
Earlier, the stock saw a gap up opening in the morning.
A total of 9,610 lakh shares changed hands on the counter till 11:01AM (IST).
The stock of Piramal Enterprises Ltd. commanded a market value of Rs 66270.94 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 48.16, while the price-to-book value ratio stood at 1.22. Return on equity (ROE) was at 4.1 per cent, according to exchange data.
In the BSE500 pack, 327 stocks traded in the green, while 173 stocks were in the red.
The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.96.
Promotor/FII Holding
Promoters held 43.51 per cent in Piramal Enterprises Ltd. as of 30-Sep-2021 while foreign and domestic institutional investors owned 34.97 per cent and 2.03 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 2161.96 on November 09, while the 50-DMA was at 2681.43. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
