The stock quoted a 52-week low price of Rs 805.6 and a high of Rs 2008.2.
Earlier, the stock saw a gap up opening in the morning.
A total of 29,696 lakh shares changed hands on the counter till 12:37PM (IST).
The stock of Piramal Enterprises Ltd. commanded a market value of Rs 40666.82 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 201.69, while the price-to-book value ratio stood at 0.73. Return on equity (ROE) was at 0.08 per cent, according to exchange data.
In the BSE500 pack, 318 stocks traded in the green, while 182 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 46.06 per cent in Piramal Enterprises Ltd. as of 31-Dec-2020 while foreign portfolio investors and domestic institutional investors owned 28.59 per cent and 1.26 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 1489.57 on April 09, while the 50-DMA was at 1762.07. 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.
