Piramal Pharma – Market Update and Recent Performance
Current Trading Session
- Last closing price (22 Oct 2026, 04:35 PM CET): INR 194.99
- Daily change: Down 1.67 %
- 24‑hour volume: INR 605.3 million
- Shares outstanding: 1.3 billion
- Market capitalization: INR 262 billion
Technical Indicators
- Simple Moving Average (200 days): INR 176.00
- 52‑week high: INR 231.93 (08 Sep 2026)
- 52‑week low: INR 132.30 (23 Mar 2026)
Recent Financial Results
On 22 Oct 2026 Piramal Finance released its September‑quarter results:
- Net profit: Up from the same period last year.
- Retail assets under management: Continuing expansion.
- Return on assets: Remains solid.
- Regulatory outlook: Management anticipates a modest impact from forthcoming insurance‑commission regulation, but expects core operations to sustain earnings growth.
Analysts maintain a “Buy” rating, citing consistent profit momentum and a positive outlook for the retail lending segment. No material adverse events were reported. Guidance indicates continued growth in non‑banking finance activities.
24‑Hour Performance of Peer Stocks
| Stock | Daily Change | Current Price (INR) | Market Cap (INR bn) | P/E Ratio |
|---|---|---|---|---|
| Tata Investment (TATAINVEST.NS) | –2.92 % | 564.65 | 310.4 | 68.48 |
| Syrma (SYRMA.NS) | –4.81 % | 1,495.70 | 309.1 | 80.99 |
| Cochin Shipyard (COCHINSHIP.NS) | –4.84 % | 1,163.90 | 307.0 | 42.85 |
| Housing & Urban Development (HUDCO.NS) | –1.26 % | 151.77 | 312.9 | 7.66 |
| Mangalore Refinery & Petro (MRPL.NS) | –3.57 % | 165.94 | 304.5 | 10.02 |
Housing & Urban Development (HUDCO) Notice
- HUDCO received a notice from stock exchanges concerning fines for non‑compliance with SEBI listing regulations.
- Fines relate to governance and committee requirements (board composition, independent directors, audit, nomination, remuneration, stakeholder relationship, and risk management committees).
- The board seeks a waiver, asserting that director appointments fall under the Ministry of Administrative Affairs.
- HUDCO must submit a formal waiver application and evidence of compliance before payment.
- The notice outlines payment procedures, waiver filing, and potential further action if non‑compliance continues.
- HUDCO has yet to disclose a resolution or payment decision.
