Share price of Piramal Ent. rises as Nifty strengthens

Share price of Piramal Ent. rises as Nifty strengthens
ETMarkets.com
Rate Story
Share
Font Size
Save
Comment
Synopsis

A total of 19,451 shares changed hands on the counter till 10:20AM (IST).

Reuters
Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.
Shares of Piramal Enterprises Ltd. gained 6.35 per cent to Rs 2072.3 in Friday's trade as of 10:20AM (IST).

The stock hit a high price of Rs 2086.6 and low of Rs 1975.0 during the session.

The return on equity (ROE) for the stock stood at 4.1 per cent. Traded volume on the counter stood at 10:20AM shares and turnover at Rs 4.0 crore around that time.

The stock of Piramal Enterprises Ltd. quoted a 52-week high and 52-week low prices of Rs 3013.0 and Rs 1612.0, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.96.

Promotor/FII Holding
Promoters held 43.49 per cent stake in the company as of 31-Dec-2021, while FIIs held 35.31 per cent and domestic institutional investors had 8.19 per cent.

Key Financials
The company reported consolidated sales of Rs 4067.19 crore for the quarter ended 31-Dec-2021, up 25.78 per cent from previous quarter's Rs 3233.59 crore and up 24.58 per cent from the year-ago quarter's Rs 3264.82 crore.

Net profit after tax for the latest quarter stood at Rs 855.08 crore, up 9.67 per cent from the same quarter a year ago.

Pick the best companies to invest

BECOME AN ETPRIME MEMBER

Read More News on

(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.

...more
Pick the best stocks for yourself
Powered by