India's Piramal Enterprises jumps on block deals

Piramal Enterprises

21/02/2024 09:35

** Shares of non-banking financial services co Piramal
Enterprises  PIRA.NS  up 4.4% at 925.60 rupees; stock rose as
much as 8.8% during the session
    ** Over 120,000 shares traded in two separate block deals
priced between 954 and 959.60 rupees - LSEG data
    ** PIRA on track to snap three consecutive sessions of
losses
    ** Over 7.9 mln shares change hands by 2:44 p.m. IST, 7.7x
the 30-day avg; most active session since July 31
    ** Avg rating of seven analysts equivalent to "hold", median
PT is 1,000 rupees - LSEG data
    ** Stock rose 12.4% in 2023



 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))