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Piramal Enterprises Ltd drops for fifth straight session
07-Dec-18   13:35 Hrs IST

Piramal Enterprises Ltd fell for a fifth straight session today. The stock is quoting at 2072.9, down 1.42% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.12% on the day, quoting at 10614.15. The Sensex is at 35420.57, up 0.31%.Piramal Enterprises Ltd has eased around 9.51% in last one month.Meanwhile, Nifty Pharma index of which Piramal Enterprises Ltd is a constituent, has eased around 10.1% in last one month and is currently quoting at 8686.5, down 0.2% on the day. The volume in the stock stood at 2.27 lakh shares today, compared to the daily average of 4.64 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 2081.05, down 1.27% on the day. Piramal Enterprises Ltd tumbled 27.6% in last one year as compared to a 3.39% rally in NIFTY and a 4.72% fall in the Nifty Pharma index.

The PE of the stock is 45.39 based on TTM earnings ending September 18.

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