AgenciesShare price of Piramal Enterprises Ltd. dropped 7.67 per cent to Rs 1891.6 at 02:11PM (IST) in Monday's trade. The stock hit a high of Rs 2040.0 and low of Rs 1889.9 so far during the session. The stock had closed at Rs 2048.7 in the previous session.
The counter had a total traded volume of 02:11PM shares so far with a turnover of Rs 12.07 crore on BSE. The stock traded at a price-to-earnings multiple of 36.49 and a price-to-book ratio of 1.22.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Piramal Enterprises Ltd. belongs to the Diversified industry.
Promotor/FII Holding
Promoters held 43.49 per cent stake in the company as of 31-Dec-2021, while foreign investors and domestic institutional investors ownership stood at 35.31 per cent and 8.19 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 4067.19 crore for the quarter ended 31-Dec-2021, up 25.78 per cent from the previous quarter's Rs 3233.59 crore and up 24.58 per cent from the year-ago quarter's Rs 3264.82 crore.
Its profit for the latest quarter stood at Rs 855.08 crore, up 9.67 per cent from the same quarter a year ago.
The counter had a total traded volume of 02:11PM shares so far with a turnover of Rs 12.07 crore on BSE. The stock traded at a price-to-earnings multiple of 36.49 and a price-to-book ratio of 1.22.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Piramal Enterprises Ltd. belongs to the Diversified industry.
Promotor/FII Holding
Promoters held 43.49 per cent stake in the company as of 31-Dec-2021, while foreign investors and domestic institutional investors ownership stood at 35.31 per cent and 8.19 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 4067.19 crore for the quarter ended 31-Dec-2021, up 25.78 per cent from the previous quarter's Rs 3233.59 crore and up 24.58 per cent from the year-ago quarter's Rs 3264.82 crore.
Its profit for the latest quarter stood at Rs 855.08 crore, up 9.67 per cent from the same quarter a year ago.
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