Name: Latest research reports of Piramal Enterprises Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Piramal Enterprises Ltd.
Rating: 5
Author: ICICI Securities Limited

Piramal Enterprises Ltd.

NSE: PEL | BSE: 500302 | ISIN: INE140A01024 | Industry: Finance (including NBFCs)
| Mid-range Performer

981.2000 -40.40 (-3.95%)

NSE Apr 25, 2025 15:31 PM

33.21% Gain from 52W Low

Volume: 539.8K

Piramal Enterprises Ltd.

10 Nov 2022

981.20

-3.95%

Disappoints again; surge in stress recognition spikes provisioning

Buy: Piramal Enterprises Ltd.

Target

ICICI Securities Limited

Piramal Enterprises (PEL) once again disappointed, reporting a loss of Rs15bn in Q2FY23, as it provided Rs33bn (>5% of AUM) primarily towards wholesale portfolio.

Piramal Enterprises Ltd. is trading below its 100 day SMA of 1024.7