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Piramal Enterprises gains on receiving nod to raise up to Rs 600 crore

15 Jun 2017 Evaluate

Piramal Enterprises is currently trading at Rs. 2998.15, up by 2.95 points or 0.10% from its previous closing of Rs. 2995.20 on the BSE.

The scrip opened at Rs. 2999.90 and has touched a high and low of Rs. 3009.40 and Rs. 2979.20 respectively. So far 6,408 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3083.05 on 13-Jun-2017 and a 52 week low of Rs. 1321.85 on 21-Jun-2016.

Last one week high and low of the scrip stood at Rs. 3083.05 and Rs. 2802.10 respectively. The current market cap of the company is Rs. 51,737.00 crore.

The promoters holding in the company stood at 51.43%, while Institutions and Non-Institutions held 31.15% and 17.43% respectively.

Piramal Enterprises has received an approval for issue of secured Non-Convertible Debentures (NCDs) aggregating up to Rs 400 crore with a Greenshoe option of Rs 200 crore, not exceeding total issue size of Rs 600 crore on private placement basis. These NCDs are proposed to be listed on Wholesale Debt Market segment of NSE. The Administrative Committee constituted by the Board of Directors of the Company at its meeting held on June 14, 2017 has approved for the same.

Piramal Enterprises is one of the leading players globally in CRAMS (custom research and manufacturing services) as well as in the critical care segment of inhalation and injectable anaesthetics. It also has a strong presence in the OTC segment in India.



Piramal Ent - Amalga Share Price

1124.60 0.00 (0.00%)
22-Sep-2025 16:59 View Price Chart
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