Piramal Enterprises shares gain on June 29th stocks

Piramal Enterprises shares gain on June 29th stocks

Piramal Enterprises shares gain on June 29th stocks

New Delhi: To begin with, the shares of Piramal Enterprises witnessed a profit on 29th June. The share price increased to Rs. 1,368.30 by over 1.91% in the intraday trade. So then, the scrip settled at Rs. 1,342.60 in the previous session. 

Also, the Piramal stock quoted a 52-week highest value of Rs. 2,049.92. As well as it hit a 52-week lowest value of Rs. 608.00 in the trade so far. On the other hand, the total traded volume on the counter turned over around Rs. 25.13 crores of shares in the session.

Significantly, the shares of the company trades stood at 1,074.86 times its trailing 12-month EPS of Rs. 1.27 per eq. share. Certainly, its price-to-book ratio stood at 1.01.

Besides, by the end of March 2020, the promoters of the company held 46.06% from its stake. Furthermore, the FIIs held a 29.45% stake and DIIs held a 0.35% stake.

Stock Market Update: 

Stock Market June 29th: On Monday, both Sensex and Nifty seem to trade with a bearish trend at the stock market. The Sensex stood trading down with 34,865.15 levels. Thereby, Nifty stood trading down with 10,280.65 levels. The Sensex lost 330.35 points with 0.95% fall. So then, Nifty has lost 101.55 points with 0.98% fall.

On the other hand, the number of confirmed COVID-19 cases in India reached 5,48,318 as of June 29th, and deaths reached 16,475.

In the border market, the S&P BSE Midcap index reported a bearish trend as well. It lost 188.77 points with a 1.43% drop and reached a 13,068.02 level. The S&P BSE Smallcap index lost 162.93 points with 1.24% fall and reached a 12,474.86 level. So then, Nifty Bank also lost 363.25 points with a 1.71% drop and reached 21,239.55 level.

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