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Piramal Enterprises advances on raising Rs 500 crore through NCDs

16 Nov 2018 Evaluate

Piramal Enterprises is currently trading at Rs. 2304.05, up by 14.25 points or 0.62% from its previous closing of Rs. 2289.80 on the BSE.

The scrip opened at Rs. 2305.65 and has touched a high and low of Rs. 2323.00 and Rs. 2289.00 respectively. So far 18632 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3302.55 on 31-Aug-2018 and a 52 week low of Rs. 1796.75 on 26-Oct-2018.

Last one week high and low of the scrip stood at Rs. 2336.00 and Rs. 2,232.30 respectively. The current market cap of the company is Rs. 41988.20 crore.

The promoters holding in the company stood at 50.66%, while Institutions and Non-Institutions held 30.93% and 17.55% respectively.

Piramal Enterprises has raised funds aggregating to Rs 500 crore. The Administrative Committee of the Board of Directors of the company, at its meeting held on November 16, 2018 has allotted 5,000 Secured Redeemable Non-Convertible Debentures (NCDs), having the Face Value of Rs 10,00,000 each, aggregating to Rs 500 crore on private placement basis. These NCDs are proposed to be listed on Wholesale Debt Market segment of NSE.

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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