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Piramal Ent Stock Price: Piramal Ent. rises 1.76% as Sensex climbs

Shares of Piramal Enterprises Ltd. traded at Rs 1834.85 on BSE at 12:37PM (IST) on Friday, up 1.76 per cent from earlier shut.

The inventory quoted a 52-week low value of Rs 805.6 and a excessive of Rs 2008.2.

Earlier, the inventory noticed a spot up opening within the morning.

A complete of 29,696 lakh shares modified fingers on the counter until 12:37PM (IST).

The inventory of Piramal Enterprises Ltd. commanded a market worth of Rs 40666.82 crore, in keeping with BSE.

The inventory traded at a price-to-earning (P/E) a number of of 201.69, whereas the price-to-book worth ratio stood at 0.73. Return on fairness (ROE) was at 0.08 per cent, in keeping with trade knowledge.

Within the BSE500 pack, 318 shares traded within the inexperienced, whereas 182 shares had been within the purple.

The inventory’s beta worth, which measures volatility in relation to the broader market, stood at 1.96.

Promotor/FII Holding

Promoters held 46.06 per cent in Piramal Enterprises Ltd. as of 31-Dec-2020 whereas overseas portfolio traders and home institutional traders owned 28.59 per cent and 1.26 per cent, respectively.

Shifting averages
The 200-DMA of the inventory stood at 1489.57 on April 09, whereas the 50-DMA was at 1762.07. If a inventory trades under 50-DMA and 200-DMA, it normally means the speedy development is upward. Alternatively, if the inventory trades under 50-DMA and 200-DMA, it’s thought of as bearish development and if trades between 50-DMA and 200-DMA, then it suggests the inventory can go both method.

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