Piramal Enterprises is currently trading at Rs. 1604.00, up by 12.00 points or 0.75% from its previous closing of Rs. 1592.40 on the BSE.
The scrip opened at Rs. 1621.15 and has touched a high and low of Rs. 1622.30 and Rs. 1600.00 respectively. So far 13780 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2,728.85 on 01-Apr-2019 and a 52 week low of Rs. 1,270.75 on 15-Oct-2019.
Last one week high and low of the scrip stood at Rs. 1622.30 and Rs. 1578.09 respectively. The current market cap of the company is Rs. 36271.20 crore.
The promoters holding in the company stood at 46.10%, while Institutions and Non-Institutions held 38.59% and 15.31% respectively.
Piramal Enterprises has received an approval of Board for raising up to Rs 2,750 crore by issuing bonds on private placement basis. At the Meeting of Administrative Committee of the Board of Directors held on December 28, 2019, the Committee approved the issue of secured, rated, unlisted, Redeemable Non-Convertible Debentures aggregating up to Rs 2,750 crore on private placement basis. The money can be raised in one or more tranches from time to time.
Piramal Enterprises is one of India’s large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services.
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