Is it Good to buy Piramal Enterprises Share

If you are also thinking of investing in Piramal Enterprises but are confused whether to do it or not, then this blog is only for you in which you will know Is it Good to buy Piramal Enterprises Share

Piramal Enterprises is a finance sector company.
If you are also thinking of investing in this company, then stop now and invest only after knowing completely about the company.

Fundamentals Of Piramal enterprises
  • Market Cap – 20,558Cr.
  • No.of Shares – 22.47 Cr.
  • PE – 6.02
  • PB – 0.95
  • Div. Yield – 3.39%
  • Promoter Holdings – 46%
  • ROE – 60%
  • ROCE – 45%
Is it Good to buy Piramal Enterprises Share
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Is Piramal enterprises debt free

Piramal Enterprises is not a debt free company at all.

Piramal Enterprises has a debt of more than $6 billion by FY- 2023.

At the same time, the company has failed to repay the loan for the last several years or the loan keeps increasing and decreasing every year.

Therefore, investing in this company without research can be quite risky.

Although the company has given 12 percent return to its investors in the last 1 year,

but if we look at the record of last 3 years and last 5 years, the company has always been giving negative returns.

Is it Good to buy Piramal Enterprises Share
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What is the future of Piramal Enterprises share?

No prediction can be made about the future of Piramal Enterprises Company.

The company is performing slightly better in the last one year

but if we look at the history of last three years and 5 years, the company has given negative returns on its investments.

While the company was trading at Rs 2950 in 2021, the company’s share reached Rs 634 in March 2023, although at present the share is trading at a price above Rs 900.

But still, before investing in any share, know its Fundamentals.

What is the dividend of Piramal Enterprises in 2023?

From the dividend perspective, Piramal Enterprises can prove to be a better company because this company gave a dividend yield of 3.39% to its investors last year.

Despite such losses, Piramal Enterprises gave a dividend of ₹ 31 per share to its investors in the year 2023.

This company always gives dividend of ₹ 30 to 35 per share year after year.

There should be no question on the company from dividend point of view, if you just want to get dividend then it can prove to be a better investment for you.

What is the target price for Piramal Enterprises?

Although according to the management of Piramal Enterprises, the price of this stock is likely to go above Rs 1500 by the year 2025,

but if we look at the current situation of this stock and also look at the debt of the company,

then it is very difficult to say that Piramal. The share price of Enterprises will be able to go up to Rs 1500 in the coming time,

although it can touch the target of Rs 1500 but perhaps the company may have to wait for four-five years for this.

How rich is Piramal?

According to the Forbes list, in the year 2023, the total wealth of Piramal Company owner Ajay Piramal is 3.4 billion US dollars i.e. about 2 trillion 79 billion Indian rupees.

Therefore, there is no doubt that the owner of Piramal Enterprises Company is a billionaire.

Ajay Piramal is also a close friend of Mukesh Ambani.

Who is the owner of Piramal?

Ajay Piramal, one of India’s largest industrialists, owns Piramal Industries,

which has offices in more than 30 countries and exports goods to more than 100 companies.

Piramal is the owner of companies related to sectors like pharma sector, finance sector, real estate etc.

Ajay Piramal is also the father-in-law of Mukesh Ambani’s daughter Isha Ambani.

Is it good to buy piramal enterprises share for long term

However, if we look at the last 5 years and last 3 years stock price history, it cannot be said at all that this company is good for long term investment,

but yes, in the last one year the company gave good returns.

And the growth potential of the company is also very high in the coming time,

hence you can invest in this company by doing fundamental analysis,

but for this it is very important for you to have knowledge of fundamental analysis.

Which sector is Piramal Enterprises under?

Piramal Company is a pharma finance and real estate company.

There are three companies under Piramal..

the first is Piramal Enterprises Limited,

the second is Piramal Pharma Limited

and the last is Piramal Real Estate Limited.

What is the debt of Piramal Enterprises

As we have already told you that Piramal Enterprises is not a debt free company

but the company has a debt of more than 6 million US dollars

which you can understand year by year with the help of the graph given below…..

Is it Good to buy Piramal Enterprises Share
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Who are the competitors of Piramal?

Although Piramal Enterprises has over 100 competitors, I will tell you about the main 10 competitors.

So let’s know about the top 10 competitors…..

  • Wuxiapp tech. (Shanghai)
  • Abzena (UK)
  • Emcure (India)
  • Syngene (India)
  • Catalent (US)
  • Vectura (UK)
  • Kemwell Biopharma (india)
  • Allergan (US)
  • Patheon (US)
  • Grand River। (US)

Who is the owner of Piramal company?

Mr.Ajay Piramal

Is Ajay Piramal related to Ambani?

Yes
Anand Piramal, his son, is married to Mukesh Ambani’s daughter Isha Ambani.

What is the old name of Piramal?

Nicholas Laboratories

How many employees does Piramal have?

1000 to 5000 in India and 10000+ in All over world.

What is Piramal famous for?

one of India’s leading diversified non-banking financial companies

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