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Piramal Enterprises Ltd slips for fifth straight session

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Capital Market
Last Updated : Jul 24 2019 | 1:50 PM IST

Piramal Enterprises Ltd is quoting at Rs 1781.55, down 4.87% on the day as on 13:24 IST on the NSE. The stock tumbled 34.02% in last one year as compared to a 1.25% rally in NIFTY and a 11.6% fall in the Nifty Pharma index.

Piramal Enterprises Ltd is down for a fifth straight session today. The stock is quoting at Rs 1781.55, down 4.87% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.53% on the day, quoting at 11271.35. The Sensex is at 37839.21, down 0.38%.Piramal Enterprises Ltd has lost around 6.29% in last one month.Meanwhile, Nifty Pharma index of which Piramal Enterprises Ltd is a constituent, has eased around 0.23% in last one month and is currently quoting at 8063.65, down 1.67% on the day. The volume in the stock stood at 8.49 lakh shares today, compared to the daily average of 14.42 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 1779.05, down 4.63% on the day. Piramal Enterprises Ltd tumbled 34.02% in last one year as compared to a 1.25% rally in NIFTY and a 11.6% fall in the Nifty Pharma index.

The PE of the stock is 120.03 based on TTM earnings ending March 19.

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First Published: Jul 24 2019 | 1:35 PM IST

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