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Piramal Enterprises rises on entering into JVA with BCC

08 Feb 2018 Evaluate

Piramal Enterprises is currently trading at Rs. 2679.00, up by 29.95 points or 1.13% from its previous closing of Rs. 2649.05 on the BSE.

The scrip opened at Rs. 2675.00 and has touched a high and low of Rs. 2687.05 and Rs. 2655.00 respectively. So far 2176 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3,064.55 on 13-Jun-2017 and a 52 week low of Rs. 1723.15 on 08-Feb-2017.

Last one week high and low of the scrip stood at Rs. 2,764.00 and Rs. 2488.50 respectively. The current market cap of the company is Rs. 47762.54 crore.

The promoters holding in the company stood at 51.34%, while Institutions and Non-Institutions held 30.83% and 17.83% respectively.

Piramal Enterprises has entered into a Joint Venture Agreement (JVA) with Bain Capital Mauritius (BCC), a Private Limited Company incorporated in Mauritius, whereby, BCC shall subscribe to 50% of equity share capital of India Resurgence Asset Management Business (TRAPL), a wholly owned subsidiary of the company. Pursuant to the said subscription, TRAPL shall cease to be a subsidiary of the company.

Piramal Enterprises is one of India’s large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services.

Piramal Ent - Amalga Share Price

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