At 09.35 hours (IST), the company’s scrip traded at Rs 484.70, down 1.1% on the National Stock Exchange.

Promoters held 46.86 per cent stake in the company as of 30-Jun-2021, while FII and DII ownership stood at 11.26 per cent and 8.47 per cent, respectively.

The Relative Strength Index of the stock stood at 66.4 on Tuesday.

The 30-share BSE Sensex was down 82.53 points at 59995.35

The stock quoted a 52-week high price of Rs 341.25 and low of Rs 91.25.

Piramal Enterprises Ltd., incorporated in the year 1947, is a Large Cap company (having a market cap of Rs 65676.67 Crore) operating in Diversified sector.

“The Mindtree earnings expansion has been more margin driven than revenue driven. ”

“There are two companies in the stable Finolex Cables and Finolex Industries, which are currently headed by cousin brothers. There is an intense fight between the brothers over the ownership of the shares that are held in some trust. Both are at loggerheads and one party votes against the other in the meetings.”

M&M among the largecaps, Ashok Leyland among the midcaps and TVS Motor within the two-wheeler space are the three picks of Girish Pai.

JM Financial Ltd. key Products/Revenue Segments include Fees & Commission Income, Income From Financial Services and Interest for the year ending 31-Mar-2021.