July 25, 2019 09:20 AM

PIRAMAL ENTERPRISES share price has plunged 6% and is presently trading at Rs 1,882.

Meanwhile, the BSE HEALTHCARE Index is at 12,654 .

Among the top losers in the BSE HEALTHCARE Index today is PIRAMAL ENTERPRISES (down 5.8%).

CAPLIN POINT (up 7.2%) and THYROCARE TECHNOLOGIES (up 2.5%) are among the top gainers today.

Over the last one year, PIRAMAL ENTERPRISES has moved down from Rs 2,719 to Rs 1,882, registering a loss of Rs 837 (down 30.8%)..

The BSE HEALTHCARE has moved down from 13,961 to 12,654, loss of 1,307 points (down 9.4%) during the last 12 months.

The top gainers among the BSE HEALTHCARE Index stocks during this same period were PROCTER & GAMBLE HEALTH (up 101.2%), DIVIS LABORATORIES (up 48.4%) and APOLLO HOSPITALS (up 43.5%).

What About the Benchmark Indices?

The BSE Sensex is at 37,942 (up 0.2%). The top gainers among the BSE Sensex stocks today are TATA MOTORS DVR (up 1.0%). The most traded stocks in the BSE Sensex are HCL TECHNOLOGIES and SBI.

In the meantime, NSE Nifty is at 11,307 (up 0.3%). BHARTI INFRATEL (up 3.2%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,825 to 37,942, registering a gain of 1,117 points (up 3.0%).


PIRAMAL ENTERPRISES net profit down at Rs 3 billion for the quarter ended March 2019, compared to a loss of Rs 5 billion a year ago. Net Sales rose 5.5% to Rs 36.8 billion during the period as against Rs 34.9 billion in January-March 2018.

For the year ended March 2019, PIRAMAL ENTERPRISES reported 76.2% decrease in net profit to Rs 11.5 billion compared to net profit of Rs 48.4 billion during FY18.

Revenue of the company grew 24.2% to Rs 132 billion during FY19.

The current Price to earnings ratio of PIRAMAL ENTERPRISES, based on rolling 12 month earnings, stands at 26.6x.