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Piramal Enterprises Ltd soars 9.46%, Gains for third straight session Back
(13:05, 22 Oct 2019)

Piramal Enterprises Ltd is up for a third straight session in a row. The stock is quoting at Rs 1704.1, up 9.46% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.03% on the day, quoting at 11658.85. The Sensex is at 39250.47, down 0.12%. Piramal Enterprises Ltd has dropped around 7.67% in last one month.

Meanwhile, Nifty Pharma index of which Piramal Enterprises Ltd is a constituent, has dropped around 1.08% in last one month and is currently quoting at 7608.15, up 2.16% on the day. The volume in the stock stood at 26.5 lakh shares today, compared to the daily average of 21.98 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 1677.1, up 9.01% on the day. Piramal Enterprises Ltd is down 10.77% in last one year as compared to a 14.9% gain in NIFTY and a 17.03% gain in the Nifty Pharma index.

The PE of the stock is 163.14 based on TTM earnings ending June 19.

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