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Piramal Enterprises

Buy Piramal Enterprises shares

PIRAMAL ENTERPRISES (BOM: 500302) Shares

ABOUT PIRAMAL ENTERPRISES

Piramal Enterprises Limited is a diversified global business conglomerate, which has a presence across various sectors such as healthcare, life sciences, drug discovery, healthcare information management, specialty glass packaging, financial services and real estate.

The company has a history dating back to 1984 and went on to grow its portfolio through several strategic acquisitions.

In 1984, the company acquired Gujarat Glass Limited, a manufacturer of glass packaging for pharmaceutical and cosmetic products. In 1988, the company acquired Nicholas Laboratories, which reached the highest valuation in the pharmaceutical industry by 2010.

In 2011, Fortune 500 ranked Piramal Enterprises Limited amongst the top 50 largest corporations across India.

OVERVIEW OF PIRAMAL ENTERPRISES

  • Valued at USUS Dollar 10 Billion, today Piramal Enterprises Limited is a global business conglomerate with diverse interests. The company has offices in over 30 countries and a global brand presence in more than 100 markets. The company employs over 15 000 people from 21 different nationalities.

  • Piramal Enterprises Limited generates approximately 46% of its revenues from international markets. Driven by both an organic as well as inorganic strategy, the company has steered dynamic business growth to date. Piramal Capital & Housing Finance Limited (PCHFL), a housing finance company registered with the National Housing Bank (NHB) that is engaged in various financial services businesses.

  • Piramal Enterprises Limited’s Pharma division has end-to-end manufacturing capabilities across 13 global facilities and a large global distribution network in over 100 countries. The division oversees a portfolio of niche differentiated pharma products and provides a broad array of pharma services.

  • The company’s Healthcare Insights & Analytics business division is the premier provider of healthcare analytics, data and insight products and services to the world’s leading pharma, biotech and medical technology companies, enabling them to make informed business decisions.

VISION & VALUES PIRAMAL ENTERPRISES

  • Piramal Enterprises Limited’s values are best expressed through the ethos of the Piramal Foundation, which develops innovative solutions to resolve issues that are critical roadblocks towards unlocking India’s economic potential.

  • Its sustainable development programmes in healthcare a nutrition, education and safe drinking water across 21 Indian states, largely in partnership with the central and state governments have impacted over 90 Million lives to date.

MARKET PERFORMANCE OF PIRAMAL ENTERPRISES

  • Piramal Enterprises Limited trades on the Bombay Stock Exchange (BSE), where investors can buy shares under the stock symbol BOM: 500302.

  • Data from the company’s 2019 financial analysis shows consolidated revenues grew by 24% to Rs 13 215 Crores as compared with Rs 10 639 Crores in 2018.

  • The rise in revenues was primarily driven by growth in the Financial Services segment. Revenues generated in foreign currencies accounted for 40% of the company’s revenues.

  • Piramal Enterprises Limited’s strong performance has allowed investors to buy or sell shares with confidence, providing sound dividends and a solid buy-in for those who choose to purchase shares in 2022 and in the future.

LATEST NEWS PIRAMAL ENTERPRISES

Buy PIRAMAL ENTERPRISES stocks / shares – A Step by Step Guide how to Buy / Purchase PIRAMAL ENTERPRISES Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy PIRAMAL ENTERPRISES Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN PIRAMAL ENTERPRISES STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE PIRAMAL ENTERPRISES STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of PIRAMAL ENTERPRISES stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy PIRAMAL ENTERPRISES stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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