Time period given by analyst is Intra Day when Piramal Enterprises price can reach defined target.
Piramal Enterprises Ltd., incorporated in the year 1947, is a Large Cap company (having a market cap of Rs 66057.34 Crore) operating in Diversified sector.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 3011.60 Crore, down -15.55 % from last quarter Total Income of Rs 3565.98 Crore and up .29 % from last year same quarter Total Income of Rs 3002.80 Crore. Company reported net profit after tax of Rs 368.45 Crore in latest quarter.
Investment Rationale
Stock is at the cusp of a bullish flag breakout and RSI is in buy mode
Promoter/FII Holdings
Promoters held 46.1 per cent stake in the company as of June 30, 2020, while FIIs held 30.3 per cent, DIIs 9.9 per cent and public and others 13.8 per cent.
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