Share price of Piramal Ent. jumps as Sensex gains 304.76 points

Share price of Piramal Enterprises Ltd. gained 0.16 per cent to Rs 1922.95 at 02:43PM (IST) in Tuesday's trade. The stock hit a high of Rs 1957.25 and low of Rs 1891.45 so far during the session. The stock had closed at Rs 1919.95 in the previous session.

The counter had a total traded volume of 02:43PM shares so far with a turnover of Rs 4.9 crore on BSE. The stock traded at a price-to-earnings multiple of 24.42 and a price-to-book ratio of 1.47.

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 30-Jun-2022, while FIIs and domestic institutional investors ownership stood at 34.54 per cent and 8.13 per cent, respectively.

Key Financials
The company reported consolidated net sales of Rs 3726.46 crore for the quarter ended 30-Jun-2022, down 15.33 per cent from the previous quarter's Rs 4401.03 crore and down 23.74 per cent from the year-ago quarter's Rs 3011.6 crore.

Its profit for the latest quarter stood at Rs 496.09 crore, down 8.03 per cent from the same quarter a year ago.