Piramal Enterprises shines on getting nod to raise up to Rs 1000 crore through NCDs
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Piramal Enterprises is currently trading at Rs. 899.40, up by 13.20 points or 1.49% from its previous closing of Rs. 886.20 on the BSE.
The scrip opened at Rs. 886.80 and has touched a high and low of Rs. 901.20 and Rs. 886.80 respectively. So far 3984 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1,651.89 on 10-Nov-2021 and a 52 week low of Rs. 785.85 on 17-Oct-2022.
Last one week high and low of the scrip stood at Rs. 914.95 and Rs. 834.50 respectively. The current market cap of the company is Rs. 21150.38 crore.
The promoters holding in the company stood at 43.48%, while Institutions and Non-Institutions held 39.90% and 16.60% respectively.
Piramal Enterprises has received approval for issuance of up to Rs 1000 crore Secured, Rated, Unlisted, Redeemable Non-Convertible Debentures (NCDs) on private placement basis. The meeting of Administrative Committee of the Board of Directors held on November 07, 2022 approved the same.
Piramal Enterprises is one of India’s large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services.
