Piramal Enterprises trades jubilantly on selling entire 8.34% stake in Shriram Finance
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Piramal Enterprises is currently trading at Rs. 937.80, up by 99.15 points or 11.82% from its previous closing of Rs. 838.65 on the BSE.
The scrip opened at Rs. 900.10 and has touched a high and low of Rs. 964.40 and Rs. 900.10 respectively. So far 978490 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1,202.73 on 26-Aug-2022 and a 52 week low of Rs. 630.20 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 964.40 and Rs. 771.05 respectively. The current market cap of the company is Rs. 22016.73 crore.
The promoters holding in the company stood at 43.48%, while Institutions and Non-Institutions held 38.26% and 18.25% respectively.
Piramal Enterprises has sold its entire direct investment of 8.34% in the fully paid-up share capital of Shriram Finance to third party investors. The company has sold stake on the floor of the stock exchange.
Piramal Enterprises is one of India’s large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services.
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