Moneycontrol
Last Updated : Oct 16, 2018 02:24 PM IST | Source: Moneycontrol.com

Piramal Enterprises gains 4% on drug unit sale buzz

The company said that it is going to consider a USD 1 billion contract for its drug unit sale, reports CNBC-TV18, quoting Agencies.

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Shares of Piramal Enterprises gained 4.3 percent intraday Tuesday as the company is considering selling of a drug unit.

The company said that it is going to consider a USD 1 billion contract for its drug unit sale, reported CNBC-TV18.

The company said that it will send out marking documents to the potential buyers, and expects to draw interest from PE funds and US firms.

At 13:38 hrs, Piramal Enterprises was quoting at Rs 2,316.95, up Rs 65.70, or 2.92 percent on the BSE
First Published on Oct 16, 2018 02:24 pm
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