The stock quoted a 52-week low price of Rs 1178.85 and a high of Rs 2856.8.
Earlier, the stock saw a gap up opening in the morning.
A total of 5,962 lakh shares changed hands on the counter till 11:58AM (IST).
The stock of Piramal Enterprises Ltd. commanded a market value of Rs 62241.11 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 45.23, 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, 243 stocks traded in the green, while 257 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 43.52 per cent in Piramal Enterprises Ltd. as of 30-Jun-2021 while overseas and domestic institutional investors owned 33.27 per cent and 1.44 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 1942.76 on September 17, while the 50-DMA was at 2515.96. 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.
