India's Piramal Enterprises falls on stake sale

Piramal Enterprises

07/07/2023 08:38

** Shares of Indian conglomerate Piramal Enterprises
 PIRA.NS  down as much as 2.69% to 915.3 rupees, their lowest
since June 27
    ** Co on track for second consecutive session of losses if
trends hold
    ** Foreign investors New World Fund and Small Cap World Fund
sold 3.46 million and 2.39 million shares each of co on
Thursday- BSE data
    ** All seven firms on the co rate stock a "buy" or above,
their median PT is 1,139.48 rupees
    ** About 1.19 million shares change hands as of 12:58 p.m.
IST, vs 0.4x 30-day average of 2.84 million shares 
    ** Stock up 13.6% YTD as of last close

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))