Piramal Ent Share Price: Piramal Ent. rises 0.19% as Sensex slides

The scrip quoted a 52-week low price of Rs 839.05 and a high of Rs 2008.2.

Earlier, the stock saw a gap down opening in the morning.

A total of 13,168 lakh shares changed hands on the counter till 11:12AM (IST).

The stock of Piramal Enterprises Ltd. commanded a market value of Rs 38256.94 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 189.74, while the price-to-book value ratio stood at 0.73. Return on equity (ROE) was at 0.08 per cent, according to exchange data.

In the BSE500 pack, 293 stocks traded in the green, while 207 stocks were in the red.

The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.96.

Promotor/FII Holding

Promoters held 46.06 per cent in Piramal Enterprises Ltd. as of 31-Mar-2021 while foreign and domestic institutional investors owned 29.07 per cent and 1.4 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 1510.42 on April 30, while the 50-DMA was at 1810.12. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.