Conglomerate Piramal Enterprises witnessed a bull run on Thursday ahead of its board of directors meeting to consider a fundraising proposal to the tune of ₹750 crore on private placements. Piramal shares climbed more than 2.5% during the day. Analysts at Emkay Global have given a ‘buy’ rating on Piramal shares as they expect the company’s loan book to almost double to ₹1.21 lakh crore by FY27E at a CAGR of 15%. Post the de-merger of its pharmaceutical business, the NBFC has a presence across both retail and wholesale financing and assets under management (AUM) of ₹645.9 billion.
Voice of the Houston Texans Marc Vandermeer shares his thoughts on Day 2 of Training Camp presented by Xfinity.
July 30, 2022