Brokerages cut target on Piramal Enterprises post Q2; stock down 5%
At around 11:09 a.m., shares of Piramal Enterprises traded 3.95 per cent or Rs 38.95, lower on the BSE at Rs 947.4 apiece. The market capitalisation of the company stood at Rs 22,611 crore.
Piramal Enterprises shares slipped nearly 5 per cent in the morning deals on November 10. The selling pressure was witnessed after CLSA, Jefferies, and Citi cut their target price on the stock.
At around 11:09 a.m., shares of Piramal Enterprises traded 3.95 per cent or Rs 38.95, lower on the BSE at Rs 947.4 apiece. The market capitalisation of the company stood at Rs 22,611 crore.
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