The Economic Times
English EditionEnglish Editionहिंदी संस्करण
| E-Paper
Search
+

    Piramal Enterprises Ltd. share price up 1.1 per cent

    Synopsis

    A total of 13,556 shares changed hands on the counter till 10:20AM (IST).

    Getty Images
    In effect, financial markets are betting that there is some reasonable approximation of normal on some foreseeable horizon.

    INSIGHTS

    Read Stock Insights by ET for a quick analysis

    Explore Now
    Shares of Ltd. traded 1.1 per cent up at Rs 1763.75 at around 10:20AM (IST) on Tuesday. The stock had closed at Rs 1744.5 in the previous session. Equity benchmark Sensex traded 77.41 points higher at 49236.73 around the same time.


    The scrip has climbed 93.3 per cent in the last one year till date, while the 30-share index has gained 70.62 per cent during the same period.

    The stock's 52-week high price stood at Rs 2008.2 and the 52-week low price at Rs 805.6.

    Trading volume on the counter stood at 13,556 shares, while it quoted a price-to-earnings ratio of 198.13, an EPS value of 8.94 and a price-to-book value of 0.73. In the Nifty50 pack, 35 stocks traded in the green, while 13 stocks were in the red.

    Promoter/FII Holding
    Promoters held 46.06 per cent stake in the company as of 31-Dec-2020, while FII and mutual funds' ownership stood at 28.59 per cent and 1.26 per cent, respectively.

    Key Financials
    For the quarter ended 31-Dec-2020, the company reported consolidated sales of Rs 3264.82 crore, down 2.23 per cent from the previous quarter's Rs 3339.39 crore and down 17.28 per cent from the year-ago quarter's Rs 3947.0 crore. The company reported net profit of Rs 779.69 crore for the latest quarter.

    Technical Indicators
    The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Read before you invest. Insights on Piramal Enterprises Ltd.. Explore Now
    The Economic Times

    Stories you might be interested in