Page 3 - Piramal Enterprises

Piramal Enterprises first quarter profit up 8% to Rs 534 crore

The company had posted a net profit of Rs 495.56 crore for the corresponding period of the previous fiscal

NCLAT declines US firm's plea against Piramal group's bid for DHFL

The NCLAT termed the plea "premature", given that it approached the appellate tribunal without getting a decision on its petition filed before the Mumbai Bench of the NCLT

Piramal Enterprises to raise up to Rs 1,000 cr through debentures

Piramal Enterprises on Monday said it will raise up to Rs 1,000 crore through issuance of non-convertible debentures (NCDs) on private placement basis.

Vaishali Parekh is bullish on HUL, Piramal Enterprises. Check why

The RSI has given a decent momentum pickup, indicating strengthen in HUL's stock and is well placed to support and justify the positive bias

Piramal, DHFL merger: The road ahead remains bumpy due to legal hurdles

Former promoter moves Supreme Court, debt investor 63 moons vows to move court to recover dues

Piramal Enterprises surges 15% in 2 days; DHFL hits 10% upper circuit

As part of the resolution plan, DHFL's equity shares are proposed to be delisted

Piramal Enterprises rallies 12% in two days; stock hits 52-week high

The Mumbai bench of the NCLT has approved the Piramal Group's resolution plan for DHFL

Vaishali Parekh is bullish on Piramal Enterprises, Escorts. Check why

The RSI is indicating strength with a trend reversal to make the Escorts chart look attractive with potential upside scope in the coming days

Games promoters play

If a promoter knows that he can afford not to repay loans and buy back his company in the bankruptcy court at a discount with a reduced debt burden, he has a strong incentive to drive his firm aground

Piramal Enterprises trims loss to Rs 510 crore in March quarter

The total dividend pay­out on this account would be Rs 788 crore

Piramal Enterprises reports consolidated net loss of Rs 510 crore in Q4

The board of directors has recommended a dividend of Rs 33 per share for FY21.

Piramal Ent-arm to acquire Hemmo Pharma for Rs 775 cr; stock gains over 3%

Hemmo is one of the few pure play peptide API manufacturers globally and is one of India's large manufacturers of synthetic peptides

Sun Pharma, ITC: Bet on these 5 defensive stocks to ride market volatility

With a strong up move on March 1, 2021, the stock of Sun Pharmaceuticals now needs to cross the resistance of Rs 620 mark to see a breakout rally towards Rs 640 and Rs 655 levels

Piramal Enterprises sets up AMC with assets worth Rs 11,000 crore

Piramal has roped in Kalpesh Kikani as Chief Executive Officer

Piramal Enterprises reports 10% rise in Q3 net profit at Rs 799 crore

The company with two prominent business units - finance and pharma - reported a three per cent drop in consolidated revenues at Rs 3,169 crore in Q3FY21

Piramal Enterprises: DHFL acquisition fast-forwards retail aspiration

Integration may take about six months, though execution may be a tightrope walk

Trading recommendations by Nilesh Jain of Anand Rathi: Buy HPCL, UPL

The stock of HPCL has witnessed a built-up of long positions with the addition of 10 per cent open interest

Three stock ideas by Ajit Mishra: Buy Britannia, Muthoot Fin, Piramal Ent

Britannia has been among the top-performing FMCG counter for the last several years

DHFL Resolution: Piramal claims its offer to FD holders better than Oaktree

Piramal Enterprises claimed that its bid provides better offer to over 55,000 retail fixed deposit holders of the debt-ridden mortgage lender than Oaktree Capital

Piramal Enterprises appoints Anjali Bansal as independent director

Piramal Enterprises Ltd (PEL) on Friday announced the appointment of Anjali Bansal, founder and Chairperson of Avaana Group, as Independent Director to its Board. Her appointment is with effect from November 19, 2020, the company said in a statement. "Along with the recent two appointments of Independent Directors - Kunal Bahl, CEO & Co-Founder, Snapdeal, and Suhail Nathani, Managing Partner, Economic Law Practice, Anjali Bansal's appointment to the PEL Board is aligned to the company's succession planning of the Independent Directors on its Board," the company added. A former Non-Executive Chairperson of Dena Bank, Bansal was earlier a Global Partner and Managing Director with TPG Growth Capital. Prior to TPG, she was Global Partner and India CEO with Spencer Stuart and co-led their Asia Boards practice. She started her career as a strategy consultant with McKinsey and Co. in New York, PEL said. Currently, she serves as an Independent Non-Executive Director on several leading ...