Picture of Piramal Finance logo

PIRAMALFIN Piramal Finance News Story

0.000.00%
in flag iconLast trade - 00:00
FinancialsSpeculativeLarge CapMomentum Trap

India's Piramal Finance rises on selling stake in Shriram Life Insurance for 6 billion rupees

**Shares of Piramal Finance PIRL.NS rises 2.65% to 1578.4 rupees

**Housing finance co says it will sell 14.72% stake in Shriram Life Insurance for 6 billion rupees to Sanlam Emerging Markets (Mauritius)

**Co says divestment is aligned with its focus on monetizing non-core assets; aims to strengthen balance sheet

**Stock up 25.24% compared to its opening price on November 7, when Piramal Finance started trading after merging with parent Piramal Enterprises

 (Reporting by Mridula Kumar in Bengaluru)

 ((Mridula.Kumar@thomsonreuters.com;))

Recent news on Piramal Finance

See all news