Piramal Enterprises shares slip 2% as co to consider NCD issuance on Friday

December 18, 2024

Piramal Enterprises’ shares dipped 2.3% after the company announced plans for a public issuance of non-convertible debentures (NCDs). The decision will be finalized at a board meeting on Friday. While the stock has performed well over the past year and YTD, it’s seen a slight decline recently and is currently trading below its 10-day EMA but above other key EMAs.

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