PIRAMAL ENTERPRISES Share Price Down by 5%; BSE HEALTHCARE Index Down 1.2%
January 22, 2021 03:16 PM

PIRAMAL ENTERPRISES share price has plunged 5% and is presently trading at Rs 1,588.

Meanwhile, the BSE HEALTHCARE Index is at 21,607 (down 1.2%).

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

NATCO PHARMA (up 0.9%) and FORTIS HEALTHCARE (up 0.9%) are among the top gainers today.

Over the last one year, PIRAMAL ENTERPRISES has moved up from Rs 1,586 to Rs 1,588, registering a gain of Rs 1 (up 0.1%)..

The BSE HEALTHCARE has moved up from 14,008 to 21,607, registering a gain of 7,599 points (up 54.2%) during the last 12 months.

The top buzzing stocks among the BSE HEALTHCARE Index stocks during this same period were LAURUS LABS (up 360.3%), GRANULES INDIA (up 129.9%) and STRIDES PHARMA SCIENCE (up 118.0%).

What About the Benchmark Indices?

The BSE Sensex is at 49,677 (down 1.4%). The top gainers among the BSE Sensex stocks today are BAJAJ AUTO (up 10.0%). The most traded stocks in the BSE Sensex are BAJAJ AUTO and TCS.

In the meantime, NSE Nifty is at 14,620 (down 1.6%). BAJAJ AUTO (up 10.4%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 41,529 to 49,677, registering a gain of 8,148 points (up 17.80%).

PIRAMAL ENTERPRISES Financial Update...

PIRAMAL ENTERPRISES net profit down at Rs 6 billion for the quarter ended September 2020, compared to a loss of Rs 6 billion a year ago. Net Sales declined 13.2% to Rs 33.0 billion during the period as against Rs 38.1 billion in July-September 2019.

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 down 29.8x.