Name: Latest research reports of Piramal Enterprises Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: Piramal Enterprises Ltd.
Rating: 3
Author: Motilal Oswal

Piramal Enterprises Ltd.

NSE: PEL | BSE: 500302 | ISIN: INE140A01024 | Industry: Finance (including NBFCs)
| Expensive Performer

Piramal Enterprises Ltd.

11 Sep 2024

Making efforts to strengthen retail and rundown legacy wholesale

Neutral: Piramal Enterprises Ltd.

Target

Motilal Oswal

PIEL is committed to reducing its legacy AUM from ~INR130b as of Jun’24 to ~INR60-70b by Mar’25 and expects (not guidance) that a ~25% haircut.

Piramal Enterprises .. has an average target of 1250.00 from 1 broker.