Piramal Enterprises Ltd., incorporated in the year 1947, is a Large Cap company (having a market cap of Rs 35285.48 Crore) operating in Diversified sector.
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 3301.84 Crore, up 12.41 % from last quarter Sales of Rs 2937.34 Crore and down -8.37 % from last year same quarter Sales of Rs 3603.56 Crore Company reported net profit after tax of Rs 578.07 Crore in latest quarter.
PEL has given a breakout after making a base around Rs 1,500-1,480 levels. Volumes registered on breakout also suggest strong hands have entered the stock.
Promoters held 46.1 per cent stake in the company as of Sept 30, 2020, while FIIs held 29.7 per cent, DIIs 10.2 per cent and public and others 14.1 per cent.