Piramal Enterprises Ltd rose for a third straight session today. The stock is quoting at Rs 1815.75, up 1.88% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.8% on the day, quoting at 11136.35. The Sensex is at 37678.97, up 0.88%. Piramal Enterprises Ltd has dropped around 4.6% in last one month.
Meanwhile, Nifty Pharma index of which Piramal Enterprises Ltd is a constituent, has dropped around 3.92% in last one month and is currently quoting at 7684.3, up 1.54% on the day. The volume in the stock stood at 4.69 lakh shares today, compared to the daily average of 12.67 lakh shares in last one month.
The benchmark August futures contract for the stock is quoting at Rs 1818, up 1.97% on the day. Piramal Enterprises Ltd is down 34.49% in last one year as compared to a 3.6% fall in NIFTY and a 20.37% fall in the Nifty Pharma index.
The PE of the stock is 186.85 based on TTM earnings ending June 19