Earlier in the day, the stock saw a gap up opening.
At the prevailing price, the stock traded at 53.52 times its trailing 12-month EPS of Rs 48.9 per share and 1.22 times its book value, as per BSE data.
A total of 11,075 shares changed hands on the counter till 10:25AM (IST). The stock commands a market value of Rs 62461.87 crore and is part of the Diversified industry.
The scrip has been an outperformer , up 67.57 per cent in the past one year in comparison with a 33.9 per cent gain in Sensex.
During the day, the stock moved between Rs 2631.6 and Rs 2572.5.
Promoters held 43.51 per cent in the company as of 30-Sep-2021. FII and MF ownership in Piramal Enterprises Ltd. stood at 34.97 per cent and 2.03 per cent, respectively.