Piramal Enterprises moves up on raising Rs 150 crore via 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. 922.05, up by 7.35 points or 0.80% from its previous closing of Rs. 914.70 on the BSE.
The scrip opened at Rs. 915.00 and has touched a high and low of Rs. 929.35 and Rs. 915.00 respectively. So far 8767 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1140.00 on 11-Sep-2023 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. 937.70 and Rs. 892.00 respectively. The current market cap of the company is Rs. 20697.14 crore.
The promoters holding in the company stood at 46.19%, while Institutions and Non-Institutions held 30.20% and 23.60% respectively.
Piramal Enterprises has raised Rs 150 crore through the allotment of 15,000 Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) each having a face value of Rs 1,00,000 on a private placement basis. These Debentures are proposed to be listed on the Debt Segment and Capital Market Segment of National Stock Exchange of India (NSE) and BSE respectively, and NSE being the designated Stock Exchange. The Administrative Committee of the Board of Directors of the Company at their meeting held on February 29, 2024 has approved allotment of the same.
Piramal Enterprises is one of India’s large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services.
