September 13, 2019 11:13 AM

PIRAMAL ENTERPRISES share price has plunged 5% and is presently trading at Rs 1,963.

Meanwhile, the BSE HEALTHCARE Index is at 13,129 (down 0.8%).

Among the top losers in the BSE HEALTHCARE Index today is PIRAMAL ENTERPRISES (down 5.1%).

JUBILANT LIFE SCIENCES (up 3.6%) and SUN PHARMA ADV. RES. (up 2.2%) are among the top gainers today.

Over the last one year, PIRAMAL ENTERPRISES has moved down from Rs 2,926 to Rs 1,963, registering a loss of Rs 963 (down 32.9%)..

The BSE HEALTHCARE has moved down from 15,932 to 13,129, loss of 2,803 points (down 17.6%) during the last 12 months.

The top gainers among the BSE HEALTHCARE Index stocks during this same period were PROCTER & GAMBLE HEALTH (up 44.3%), DR. LAL PATHLABS LTD (up 33.6%) and APOLLO HOSPITALS (up 31.8%).

What About the Benchmark Indices?

The BSE Sensex is at 37,244 . The top gainers among the BSE Sensex stocks today are KOTAK MAHINDRA BANK (up 1.0%). The most traded stocks in the BSE Sensex are ONGC and ICICI BANK.

In the meantime, NSE Nifty is at 11,024 (down 0.1%). TITAN (up 2.6%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 37,718 to 37,244, registering a loss of 474 points (down 1.6%).


PIRAMAL ENTERPRISES net profit down at Rs 4 billion for the quarter ended June 2019, compared to a loss of Rs 5 billion a year ago. Net Sales rose 0.5% to Rs 35.1 billion during the period as against Rs 34.9 billion in April-June 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 19.9x.