The current price of Piramal Pharma on BSE is 71.51 (24 March 2023, 3:25 PM).
The future price of any shares on BSE, including those of Piramal shares are based on a variety of factors and these may lead to changes in the price of a stock at any time. The following factors must be considered while thinking of the future price of Piramal Pharma stocks:
Piramal Pharma, a pharmaceutical company and part of the erstwhile Piramal Group, is a global business with a focus on providing innovative/integrated solutions across the total drug development and manufacturing value chain, right from drug discovery to the commercialisation of medicines.
Whether a stock is safe to buy or not should be based on many factors like the financials of the company, the competition, the position of the company in the industry, macroeconomic factors and more.
Nonetheless, the net sales of Piramal Pharma were at Rs. 6559 crores in March 2022, and the net profit was at Rs. 376 crores.
The current price of Piramal Pharma on BSE is 71.51 (24 April 2023, 3:25 PM).
As of 24 April 2023, Piramal Pharma has debt amounting to Rs. 5016 crores.
The ROI on Piramal Pharma stock is -65.32% (YTD).
Determining whether share prices will increase depends on many factors like macroeconomic factors, the company’s performance, trends in the industry, the competition and other variables that influence stock prices frequently, besides on a long-term basis.
The 3-month returns on investment (ROI) of Piramal Pharma stock is -35.62%, and YTD is at -65.32%.
Given this data, any stock’s movement depends on several factors which include: