The scrip opened at Rs 807.05 and touched an intraday high and low of Rs 815.9 and Rs 796.5, respectively, in the session so far. The stock of Piramal Enterprises Ltd. quoted a 52-week high of Rs 2876.7 and a 52-week low of Rs 796.5.
Total market cap of the Piramal Enterprises Ltd. stood at Rs 19319.83 crore at the time of writing this report.
Key Financials
The net profit for latest quarter stood at Rs 496.09 crore, down 8.03 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2022, DIIs held 2.02 per cent stake in the firm, while foreign institutional investors held 34.54 per cent and the promoters 43.49 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 10.28 and a price-to-book ratio of 1.47. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
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