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Piramal Enterprises Ltd drops for fifth straight session

Capital Market 

Piramal Enterprises Ltd is quoting at Rs 1948.9, down 2.66% on the day as on 13:24 IST on the NSE. The stock tumbled 23.45% in last one year as compared to a 9.13% rally in NIFTY and a 13.74% fall in the Nifty Pharma index.

Piramal Enterprises Ltd fell for a fifth straight session today. The stock is quoting at Rs 1948.9, down 2.66% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.14% on the day, quoting at 11688.7. The Sensex is at 39026.59, up 0.17%.Piramal Enterprises Ltd has eased around 14.82% in last one month.Meanwhile, Nifty Pharma index of which Piramal Enterprises Ltd is a constituent, has eased around 6.15% in last one month and is currently quoting at 7975.25, up 0.09% on the day. The volume in the stock stood at 9.4 lakh shares today, compared to the daily average of 7.71 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 1948, down 2.71% on the day. Piramal Enterprises Ltd tumbled 23.45% in last one year as compared to a 9.13% rally in NIFTY and a 13.74% fall in the Nifty Pharma index.

The PE of the stock is 112.51 based on TTM earnings ending March 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, June 18 2019. 13:36 IST
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