Piramal Enterprises is currently trading at Rs. 529.10, up by 2.10 points or 0.40% from its previous closing of Rs. 527.00 on the BSE.
The scrip opened at Rs. 526.10 and has touched a high and low of Rs. 535.00 and Rs. 526.05 respectively. So far 203 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 648.30 on 02-Sep-2013 and a 52 week low of Rs. 476.00 on 25-Jun-2013.
Last one week high and low of the scrip stood at Rs. 550.80 and Rs. 522.00 respectively. The current market cap of the company is Rs. 9215.73 crore.
The promoters holding in the company stood at 52.95% while Institutions and Non-Institutions held 30.75% and 16.30% respectively.
Piramal Enterprises has entered into a partnership pact with Merisant India for an exclusive sales & distribution partnership in India for its artificial table-top sweetener ‘Equal’, one of the world’s best known artificial sweetener brands, and is number two in India in terms of unit volume sold. The deal enables Merisant to tap into Piramal Enterprises strong distribution network in India, and allows the Consumer Product Division to expand its offerings in the self-care segment.
Piramal Enterprises’ Consumer Products Division will exclusively distribute Equal across leading chemists and general stores in India. The division has one of India’s largest field forces in the industry covering 485+ towns with population of over 100,000.
Piramal Enterprises is one of India’s largest diversified companies, with a presence in pharmaceutical, financial services and healthcare information management sectors.
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