India's Piramal Enterprises rises on plan to buyback shares

Piramal Enterprises

26/07/2023 06:15

** Shares of Piramal Enterprises  PIRA.NS  rise as much as
4.08% to a near 11-month high of 1,045 rupees
    ** The financial services company says it will consider
buyback of equity shares on July 28
    ** PIRA to also report June quarter earnings on July 28
    ** Trading volume is 3.13 mln shares as of 10:35 a.m. IST,
almost similar to the 30-day avg - Refinitiv data
    ** Of the seven analysts tracking PIRA, six maintain "strong
buy", one suggests "buy"; median TP is 1,139.48 rupees
    ** Stock up 26% in 2023 so far

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))