INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a sell call on Piramal Enterprises Ltd
with a target price of Rs 1650
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 1730
Piramal Enterprises Ltd., incorporated in 1947, has a market cap of Rs 34285.14 crore.
Piramal Enterprises Ltd
key Products/Revenue Segments include Pharmaceuticals which contributed Rs 1818.24 Crore to Sales Value (49.52 % of Total Sales), Interest
which contributed Rs 1315.82 Crore to Sales Value (35.83 % of Total Sales), Sale of services which contributed Rs 292.15 Crore to Sales
Value (7.95 % of Total Sales), Income From Financial Services which contributed Rs 113.89 Crore to Sales Value (3.10 % of Total Sales),
Other Operating Revenue which contributed Rs 71.05 Crore to Sales Value (1.93 % of Total Sales), Dividend which contributed Rs 60.04 Crore
to Sales Value (1.63 % of Total Sales) and Processing Charges which contributed Rs .21 Crore to Sales Value (0.00 % of Total Sales)for the
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 3603.56 Crore, up 2.78 % from last quarter Sales of
Rs 3506.25 Crore and up 14.61 % from last year same quarter Sales of Rs 3144.10 Crore Company has reported net profit after tax of Rs 457.98
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 30-09-2019, the company has a total of 198,846,630 shares outstanding.