Piramal Pharma Stock Performance Analyzed

Piramal Pharma Ltd. is currently trading at ₹202.92, showing a positive increase of 2.86% today on the National Stock Exchange (NSE). Despite this daily gain, the company’s overall performance over the past year has been less favorable, with a decline of 20.68%. This contrasts with the broader market trends: the NIFTY index rose by 6.88% over the same period, and the Nifty Pharma index gained 0.03%.

• Piramal Pharma up 2.86% today, but overall down 20.68% year-to-date.
• Broader market (NIFTY) up 6.88%, Pharma index up 0.03% over a year.
• Stock added 3.35% in the last month, exceeding monthly Nifty Pharma’s 1.79%.
• Volume increased to 38.48 lakh shares, higher than the previous month’s average.
• October futures contract is up 3.36%, signaling investor optimism.
• Piramal Pharma’s PE ratio is currently 36.43, reflecting market valuation.

The NIFTY benchmark is up around 0.81% today, trading at 26078.15. Simultaneously, the Sensex is also advancing, at 85221.98, with a growth of 0.94%. These positive movements in the broader market suggest overall investor confidence.

Piramal Pharma has demonstrated a recent uptrend, increasing by approximately 3.35% in the last month. This surpasses the gains seen in the Nifty Pharma index, which rose by 1.79% over the same period and is currently valued at 22515.7, with a daily increase of 0.28%. Increased trading volume of 38.48 lakh shares compared to the previous month’s average of 32.46 lakh shares further indicates heightened interest in the stock.

The trading activity for the October futures contract of Piramal Pharma is currently at ₹203.94, indicating a 3.36% daily increase. This suggests that investors are anticipating continued positive performance for the company.

The company’s Price-to-Earnings (PE) ratio stands at 36.43, based on trailing twelve months (TTM) earnings ending June 25th. This ratio is a key measure used by investors to assess the valuation of the company’s stock.

Investing decisions require thorough research and consideration of various factors, and these metrics provide a starting point for analysis.