In today's session, Piramal Pharma experienced a notable surge, climbing 4.85% to reach Rs 230.20. This increase was accompanied by significantly higher trading volumes compared to the average, signaling strong investor interest and market activity.
The stock's performance is particularly noteworthy considering its inclusion in several key indices, including the NIFTY 500, NIFTY Smallcap 100, NIFTY MIDSMALLCAP 400, NIFTY SMALLCAP 50, NIFTY SMALLCAP 250, and Nifty Total Market. This broad representation across various market segments underscores the company's significance within the Indian equity landscape.
Recent sentiment analysis indicates a bullish to very bullish outlook on Piramal Pharma. Over the past week, the stock has maintained positive sentiment:
A review of Piramal Pharma's financial performance reveals the following:
| Financial Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 |
|---|---|---|---|---|---|
| Revenue (Cr) | Rs 1,958.57 | Rs 2,552.36 | Rs 1,951.14 | Rs 2,241.75 | Rs 2,204.22 |
| Net Profit (Cr) | -Rs 3.84 | Rs 89.23 | -Rs 111.04 | Rs 5.33 | -Rs 13.37 |
| EPS | 0.08 | 0.77 | -0.67 | 0.17 | 0.03 |
The company's annual performance shows:
| Financial Metric | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue (Cr) | Rs 6,314.90 | Rs 6,559.10 | Rs 7,081.55 | Rs 8,171.16 |
| Net Profit (Cr) | Rs 787.79 | Rs 316.93 | -Rs 240.79 | -Rs 41.67 |
| EPS | 18.56 | 3.19 | -1.57 | 0.14 |
| BVPS | 56.35 | 56.47 | 56.76 | 59.80 |
| ROE | 14.89 | 5.61 | -2.75 | 0.22 |
| Debt to Equity | 0.48 | 0.60 | 0.81 | 0.58 |
Key financial ratios for March 2024 include a P/E ratio of 920.71, a P/B ratio of 2.16, and a Debt to Equity ratio of 0.58.
With the stock showing significant movement and positive sentiment, investors will be closely monitoring Piramal Pharma's performance in the coming sessions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
