Get insights into Piramal Enterprises’ ongoing share buyback. Learn key details at news18.com to consider before tendering your shares

Piramal Enterprises’ Share Buyback Open: Key Things to Know Before You Tender Shares - News18

The move would be carried out in one or more tranches, through public issue, subject to regulatory and statutory approvals.

Piramal Enterprises gains on board nod to raise Rs 3,000 crore from NCDs

Motilal Oswal is bullish on Piramal Enterprises recommended buy rating on the stock with a target price of Rs 1260 in its research report dated July 30, 2023.

Buy Piramal Enterprises; target of Rs 1260 : Motilal Oswal

The company recognised a Rs 855 crore gain from the stake sale of Shriram Finance Limited.

Piramal Enterprises slumps on shrinking operating profit; analysts mixed on future outlook

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The board of Piramal Enterprises approved the buyback of up to 1.4 crore shares, or 5.87 per cent of the equity share capital, for ₹1,750 crore. The shares, with a face value of ₹ two, are proposed to be bought through the tender offer route at ₹1,250 per share, a 25 per cent premium over the last c…

Piramal Enterprises to buyback up to 1.4 crore shares for ₹1,750 crore

Piramal Enterprises Share Buyback: The company’s total assets under management stood at Rs 63,938 crore as on June 30, 2023

Piramal Enterprises Announces Rs 1,750-Crore Share Buyback, Posts Q1 Net Profit of Rs 509 Crore - News18

Piramal Enterprises set the buyback price at Rs 1,250 and said the buyback size represents 5.87 per cent of the total paid-up equity share capital of the company.

Piramal Enterprises approves Rs 1,750 crore share buyback; price set at Rs 1,250 apiece

Piramal Enterprises: Strong Bullish Trend, Target ₹1,500-₹1,550. Buy at current levels with stop-loss at ₹680. Relaxo Footwears shows signs of a trend reversal with support at ₹860. A break above ₹950 could push the stock to ₹1,000-₹1,100 initially and further to ₹1,300-₹1,400. Consider buying at cu…

Technical Analysis: Piramal Enterprises, Relaxo Footwears and Valiant Organics

An entity on Thursday offloaded shares of Piramal Enterprises for Rs 575 crore through open market transactions.

Entity offloads Piramal Enterprises’ shares worth Rs 575 cr via open market

The stake sale by Small Cap World Fund and New World Fund was worth Rs 551.03 crore.

Bulk Deals: Small Cap World Fund, New World Fund exit Piramal Enterprises

Hasn't fared well - amongst the low performers

Performance

Can be considered moderately valued vs the market

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Piramal Enterprises Limited (PEL) is engaged in the business of pharmaceuticals, including research and development, financial services and information management through its subsidiaries.