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Piramal Enterprises rallies 12% in two days; stock hits 52-week high

The Mumbai bench of the NCLT has approved the Piramal Group's resolution plan for DHFL

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Piramal Enterprises | Buzzing stocks | Markets

SI Reporter  |  Mumbai 



Piramal Enterprises
Photo: Shutterstock

Shares of were trading higher for the second straight day, up 7 per cent at Rs 2,053.70 on the BSE in intra-day trade on Monday. According to a Business Standard report, the Mumbai bench of the National Company Law Tribunal (NCLT) has approved the Piramal Group’s resolution plan for Dewan Housing Finance Limited (DHFL). The order is subject to the outcome of the appeal in the appellate tribunal and the Supreme Court.

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First Published: Mon, June 07 2021. 13:43 IST

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