NEW DELHI: The shares of Piramal Enterprises Ltd. were up 1.71% on Monday’s 10:52 a.m. (IST) trade. About 11,699 stocks changed hands on the counter.

The script opened at Rs 1665.0 and hit an intraday high and low of Rs 1715.95 and Rs 1660.0, respectively, in the session so far. The shares of the company Piramal Enterprises Ltd. cited a 52-week high of Rs 2008.2 and a 52-week low of Rs 839.05.

The total market capitalization of Piramal Enterprises Ltd. stood at Rs 37,887.06 crore at the time of writing.

Key financial data

The company reported consolidated net sales of Rs 3,264.82 crore for the quarter ended Dec.31, 2020, down 2.23% from Rs 3,339.39 crore in the previous quarter and 17.28% from Rs 3,947.0 crore from the previous quarter.

Net profit for the last quarter stood at Rs 779.69 crore, up 7.55% from the same quarter a year ago.

Shareholding model

As of March 31, 2021, DIIs held 1.4% of the company’s capital, while foreign institutional investors held 29.07% and promoters 46.06%.

Valuation ratio

According to BSE data, the stock traded at a P / E multiple of 187.9 and a price to book ratio of 0.73. A higher P / E ratio shows that investors are willing to pay a higher price because of better expectations of future growth. Book value indicates the intrinsic value of a business and is a measure of the price investors are willing to pay even when the business does not grow.

Piramal Enterprises Ltd. belongs to the diverse industry.



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