INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a buy call on Piramal Enterprises Ltd
with a target price of Rs 2405
The current market price of Piramal Enterprises Ltd
Time period given by the analyst is Intra Day when Piramal Enterprises Ltd
price can reach the defined target
Kunal Bothra recommended to keep stoploss at Rs 2250
Piramal Enterprises Ltd., incorporated in 1947, is a largecap company with a market cap of Rs 42369.73 crore
key Products/Revenue Segments include Pharmaceuticals which contributed Rs 1738.64 Crore to Sales Value (52.73 % of Total Sales), Interest
which contributed Rs 1103.73 Crore to Sales Value (33.47 % of Total Sales), Sale of services which contributed Rs 247.66 Crore to Sales
Value (7.51 % of Total Sales), Income From Financial Services which contributed Rs 104.06 Crore to Sales Value (3.15 % of Total Sales),
Dividend which contributed Rs 51.26 Crore to Sales Value (1.55 % of Total Sales), Other Operating Revenue which contributed Rs 50.43 Crore
to Sales Value (1.52 % of Total Sales) and Processing Charges which contributed Rs 1.17 Crore to Sales Value (0.03 % of Total Sales)for the
For the quarter ended 31-12-2018, the company has reported a Consolidated sales of Rs 3489.08 Crore, up 10.97 % from last quarter Sales of
Rs 3144.10 Crore and up 22.07 % from last year same quarter Sales of Rs 2858.36 Crore Company has reported net profit after tax of Rs 535.64
Mr.Gautam Banerjee, Mr.Keki Dadiseth, Mr.Narayanan Vaghul, Mr.S Ramadorai, Mr.Siddharth Mehta, Mr.Vijay Shah, Ms.Arundhati Bhattacharya,
Ms.Nandini Piramal, Prof.Goverdhan Mehta
Company has Deloitte Haskins Sells LLP as its auditoRs As on 31-12-2018, the company has a total of 183,412,258 shares outstanding.
