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Piramal Enterprises Ltd sees excellent buying

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Capital Market
Last Updated : Jun 22 2021 | 1:31 PM IST

Piramal Enterprises Ltd is quoting at Rs 2454.8, up 5.75% on the day as on 12:49 IST on the NSE. The stock is up 93.67% in last one year as compared to a 51.34% jump in NIFTY and a 52.72% jump in the Nifty Financial Services index.

Piramal Enterprises Ltd is up for a third straight session today. The stock is quoting at Rs 2454.8, up 5.75% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.64% on the day, quoting at 15846.7. The Sensex is at 52842.36, up 0.51%. Piramal Enterprises Ltd has gained around 44.4% in last one month.

Meanwhile, Nifty Financial Services index of which Piramal Enterprises Ltd is a constituent, has gained around 1.06% in last one month and is currently quoting at 16534.65, up 0.51% on the day. The volume in the stock stood at 23.81 lakh shares today, compared to the daily average of 16.38 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 2455.55, up 5.89% on the day. Piramal Enterprises Ltd is up 93.67% in last one year as compared to a 51.34% jump in NIFTY and a 52.72% jump in the Nifty Financial Services index.

The PE of the stock is 220.18 based on TTM earnings ending March 21.

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First Published: Jun 22 2021 | 1:05 PM IST

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