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Piramal Enterprises Ltd jumps 7.64%

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Capital Market

Piramal Enterprises Ltd is quoting at Rs 920, up 7.64% on the day as on 12:49 IST on the NSE. The stock is down 65.01% in last one year as compared to a 26.34% drop in NIFTY and a 24.78% drop in the Nifty Financial Services.

Piramal Enterprises Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 920, up 7.64% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 3.79% on the day, quoting at 8595.2. The Sensex is at 29446.63, up 3.54%. Piramal Enterprises Ltd has dropped around 32.19% in last one month.

 

Meanwhile, Nifty Financial Services index of which Piramal Enterprises Ltd is a constituent, has dropped around 30.45% in last one month and is currently quoting at 9030.65, up 4.12% on the day. The volume in the stock stood at 17.01 lakh shares today, compared to the daily average of 30.13 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 922.1, up 8.18% on the day. Piramal Enterprises Ltd is down 65.01% in last one year as compared to a 26.34% drop in NIFTY and a 24.78% drop in the Nifty Financial Services index.

The PE of the stock is 33.93 based on TTM earnings ending December 19.

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First Published: Mar 31 2020 | 1:00 PM IST

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