Tue, Aug 13, 2024
Piramal Enterprises reported a 64% decline in net profit for the June quarter of 2024, totaling Rs 181 crore. The drop is attributed to a higher base from a one-off stake sale last year. Core net interest income grew 18% to Rs 807 crore, despite a narrower net interest margin and a 21% decline in other income. Managing Director Jairam Sridharan highlighted regulatory impacts on disbursements but expressed confidence in meeting FY25 targets. The capital adequacy ratio stands at 24.4%.
More >
Thu, May 09, 2024
Further, it added that the company's AUM growth is tepid at 8 per cent on year in FY24 as wholesale book’s planned run-down continues.
Thu, Mar 28, 2024
Stock of the Day: Today Anil Singhvi gave buying advice in Piramal Enterprises Fut... What is the stoploss and targets? See in this video...
Thu, Feb 17, 2022
Amidst increased tension between Russia and Ukraine, IIFL securities Sanjiv Bhasin shares his market outlook.
Wed, Feb 16, 2022
Expert and IIFL Securities Director Sanjiv Bhasin remains bullish on realty sector and advised investors to not get deterred by daily swings in the market.
Mon, Feb 14, 2022
The ongoing tensions between Russia-Ukraine is having an impact on the stock markets, analyst Sanjiv Bhasin said while speaking to Zee Business Managing Editor Anil Singhvi. He said that he did not expect any major adverse developments and opined that there will be a diplomatic closure of this issue.
Fri, Feb 11, 2022
Indian market is likely to retest crucial support levels on Friday, tracking muted global cues, but there will be stock-specific action in which global brokerage came out with their reports on business development, or earnings outlook.
Fri, Jan 14, 2022
We have collated a list of recommendations from various global brokerage firms according to a Zee Business TV report.
Thu, Nov 11, 2021
The company had posted a net profit of Rs 628.31 crore for the corresponding period of the previous fiscal, Piramal Enterprises said in a regulatory filing.
Thu, Oct 07, 2021
The pharmaceuticals business will get demerged from Piramal Enterprises (PEL) and consolidated in Piramal Pharma, Piramal Enterprises said in a regulatory filing.
Thu, May 13, 2021
Piramal Enterprises on Thursday reported narrowing of its consolidated net loss to Rs 510.39 crore for the quarter ended March 31, 2021. The company had posted a net loss of Rs 1,702.59 crore for the corresponding period of the previous fiscal year, Piramal Enterprises Ltd (PEL) said in a regulatory filing
Mon, Jan 18, 2021
Jefferies says that certain reports are indicating Piramal group might win creditors' approval to take over DHFL's loans. This is NPL for banks and mostly fully provided. The companies have yet to confirm the report and there may be risk of litigation from co-bidders as some offered higher value. Deal may lead to 40% recovery and be marginally positive for lenders, PSUs (like BOI, Canara Bank, Union Bank of India) and private banks like Yes Bank with higher exposure. DHFL's loans of Rs 950 bn compare with Rs 520 bn of PEL.
Tue, Jul 21, 2020
Stock Market: The BSE Sensex shot up 495 points and come close to 38,000 levels after making its intraday high of 37,990 but finally ended at 37,914 mark.
Sun, Jun 28, 2020
Diversified company Piramal Enterprises on Saturday said that it will integrate its pharma businesses into Piramal Pharma.
Tue, Jun 23, 2020
In a major development, Piramal Enterprises Limited (PEL) is planning to unlock its pharma business by selling 15-20 per cent in the business. The company is planning to raise Rs 3500- Rs 4500 cr through the stake sale. Zee Business Executive Editor Swati Khandelwal has an exclusive report on this
Tue, May 12, 2020
Stocks in Focus on May 12: IRCTC, Piramal Enterprises, Indigo, SpiceJet, Maruti Suzuki, etc. are expected newsmakes throughout the intraday trade session.
Thu, Jan 30, 2020
IndiGo, ITI FPO, HAL, Piramal Enterprises and NIIT Technology are the five expected newsmakers throughout the intraday trade session today.
Wed, Jan 22, 2020
Bharti Airtel, Piramal Enterprises, Graphite India, Bharat Dynamics and Gati or Allcargo Logistics are expected to remain newsmakers throughout the intraday trade.
Thu, Aug 08, 2019
Certain stocks came in news after the markets were closed yesterday and can have an impact on the indices after it opens today.
Mon, Jul 15, 2019
CRISIL has reaffirmed the highest rating, A1+ to Piramal Capital and Housing Finance Ltd. (PCHFL) for Commercial Paper Programme worth Rs.10,500 Crores.
Mon, Jun 17, 2019
Piramal Enterprises has divested its entire stake in asset financing firm Shriram Transport Finance Company for approximately Rs 2,305 crore.
Tue, May 07, 2019
Both Piramal Enterprises and Canada Pension Plan Investment Board (CPPIB) will act as co-sponsors of the proposed InvIT and hold up to 75 per cent of the units.
Sat, Apr 27, 2019
Chairman of the Piramal Group Ajay Piramal speaks to Zee Business on Piramal Enterprises consolidated Q4 net profit which has increased by 25% to ₹457 cr. Watch full video to know more.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
