Piramal Enterprises Limited

PEL

INE140A01024

Consumer Lending

Market Closed - Bombay S.E. Other stock markets 06:20:28 2024-05-03 am EDT			5-day change	1st Jan Change
962 ^INR	+2.05%		+4.00%	+3.29%

Apr. 26	Piramal Enterprises Limited Receives Penalty Order from the Office of the Commissioner of Income Tax, Appeal, Mumbai	CI
Mar. 31	Piramal Enterprises Limited Announces Cessation of Mr. Subramanian Ramadorai as Independent Director	CI

Shriram Ownership Trust agreed to acquire 29.44% stake in Shriram Investment Holdings Limited from Piramal Enterprises Limited and Aprn Enterprises Pvt Ltd.

March 18, 2024

Shriram Ownership Trust agreed to acquire 29.44% stake in Shriram Investment Holdings Limited from Piramal Enterprises Limited (BSE:500302) and Aprn Enterprises Pvt Ltd on March 19, 2024. Prior to the transaction, Shriram Ownership Trust held 70.56%. The transaction is subject to approval from Competition Commission of India.

Latest news about Piramal Enterprises Limited

Piramal Enterprises Limited Receives Penalty Order from the Office of the Commissioner of Income Tax, Appeal, Mumbai	Apr. 26	CI
Piramal Enterprises Limited Announces Cessation of Mr. Subramanian Ramadorai as Independent Director	Mar. 31	CI
Shriram Ownership Trust agreed to acquire 29.44% stake in Shriram Investment Holdings Limited from Piramal Enterprises Limited and Aprn Enterprises Pvt Ltd.	Mar. 18	CI
Piramal Enterprises Gets Board Nod to Raise Up To INR6 Billion Via Issue of Debentures	Feb. 22	MT
Piramal Enterprises Board to Vote on INR6 Billion Bond Sale Thursday	Feb. 19	MT
Jefferies Adjusts Piramal Enterprises’ Price Target to INR775 From INR855, Keeps at Underperform	Jan. 30	MT
Piramal Enterprises Slips to Consolidated Net Loss in Fiscal Q3	Jan. 30	MT
Transcript : Piramal Enterprises Limited, Q3 2024 Earnings Call, Jan 29, 2024	Jan. 29
India's Piramal Enterprises swings to loss in Q3	Jan. 29	RE
Piramal Enterprises Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Jan. 29	CI
Piramal Enterprises to Exit Shriram Investment Holdings	Jan. 29	CI
Piramal Enterprises to Divest Entire 20% Stake in Shriram Investment for INR14.4 Billion	Jan. 28	MT
Piramal Enterprises Arm to Acquire 10% Stake in Annapurna Finance	Jan. 24	MT
Piramal Enterprises Unit to Buy Office Space in Mumbai	Dec. 27	MT
India's Piramal to provision for AIF exposure as cenbank tightens rules	Dec. 21	RE
INDIA STOCKS-Financials lead fall in Indian shares on profit booking after rally	Dec. 20	RE
Jefferies Adjusts Piramal Enterprises’ Price Target to INR855 From INR920, Keeps at Underperform	Nov. 10	MT
Transcript : Piramal Enterprises Limited, Q2 2024 Earnings Call, Nov 09, 2023	Nov. 09
Piramal Enterprises Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	Nov. 09	CI
India developers seek to cash in on soaring EV sales with residential chargers	Nov. 06	RE
Piramal Enterprises Raises INR8 Billion from Bond Sale	23-10-30	MT
Piramal Enterprises Limited Approves Issuance of Secured, Rated, Unlisted, Redeemable Non-Convertible Debentures	23-10-24	CI
Piramal Enterprises Limited Announces Executive Changes	23-10-05	CI
Tranche Update on Piramal Enterprises Limited's Equity Buyback Plan announced on July 28, 2023.	23-09-15	CI
India inflation likely cooled in August, but still above RBI target range	23-09-07	RE

Chart Piramal Enterprises Limited

Duration

Period

More charts

Company Profile

Piramal Enterprises Limited (PEL) is an India-based company, which is engaged in providing finance. PELâs financial services offer a range of financial products and solutions, with wholesale and retail financing. The wholesale lending business provides financing to real estate developers, as well as corporate. Within retail lending, PEL is engaged in building a multi-product platform and offers home loans, loans for small businesses and loans for working capital to its customers. The Company offers India Resurgence Fund (IndiaRF), the distressed asset investing platform, which invests in equity and/or debt across non-real estate sectors. Its financial services also include alternative assets and investments in Shriram Group. It provides housing finance and other financing solutions, such as private equity, structured debt, senior secured debt, construction finance, and flexi lease rental discounting to real estate sector, and funding solutions to infrastructure, renewable energy.

Sector

Consumer Lending

Calendar

2024-05-07 - Q4 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Ratings for Piramal Enterprises Limited

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

962 INR

Average target price

989.3 INR

Spread / Average Target

+2.83%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Consumer Lending

	1st Jan change	Capi.
PIRAMAL ENTERPRISES LIMITED	+3.29%	2.59B
BAJAJ FINANCE LIMITED	-5.41%	51.37B
BAJAJ FINSERV LTD.	-3.47%	31.37B
JIO FINANCIAL SERVICES LIMITED	+61.37%	28.64B
ORIX CORPORATION	+20.90%	24.24B
SYNCHRONY FINANCIAL	+19.40%	18.31B
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED	+3.89%	13.19B
SHRIRAM FINANCE LIMITED	+26.16%	11.67B
MUTHOOT FINANCE LIMITED	+15.22%	8.19B
SOFI TECHNOLOGIES, INC.	-30.05%	7.35B

Other Consumer Lending

Piramal Enterprises Limited

Equities

PEL

INE140A01024

Consumer Lending

Shriram Ownership Trust agreed to acquire 29.44% stake in Shriram Investment Holdings Limited from Piramal Enterprises Limited and Aprn Enterprises Pvt Ltd.

EPS Revisions