Piramal Ent Stock Price: Share price of Piramal Ent. rises as Nifty strengthens

Shares of Piramal Enterprises Ltd. gained 1.8 per cent to Rs 1815.7 in Thursday’s trade as of 01:43PM (IST).

The stock hit a high price of Rs 1826.05 and low of Rs 1778.0 during the session.

The return on equity (ROE) for the stock stood at 0.08 per cent. Traded volume on the counter stood at 01:43PM shares and turnover at Rs 10.73 crore around that time.

The stock of Piramal Enterprises Ltd. quoted a 52-week high and 52-week low prices of Rs 2008.2 and Rs 805.6, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.96.

Promotor/FII Holding

Promoters held 46.06 per cent stake in the company as of 31-Dec-2020, while foreign investors held 28.59 per cent and domestic institutional investors had 10.54 per cent.

Key Financials

The company reported consolidated sales of Rs 3264.82 crore for the quarter ended 31-Dec-2020, down 2.23 per cent from previous quarter’s Rs 3339.39 crore and down 17.28 per cent from the year-ago quarter’s Rs 3947.0 crore.

Net profit after tax for the latest quarter stood at Rs 779.69 crore, up 7.55 per cent from the same quarter a year ago.

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