As of September 25, 2024, the Piramal Pharma share price is approximately ₹231. This reflects significant growth compared to its 52-week low of ₹88 and approaches its 52-week high of ₹244. Analysts have set a Piramal Pharma share price target for 2024 at around ₹300, with a projection of ₹350 for 2025. Long-term forecasts predict targets as high as ₹500 by 2030 and ₹700 by 2040. The company’s robust performance, characterized by strong revenue growth and a healthy balance sheet, makes the Piramal Pharma share price an attractive option for investors. For those interested in analyzing stocks, our training at GRM IIT can enhance your skills.
Current Piramal Pharma Share Price and Market Performance
Key Market Metrics of Piramal Pharma Share Price
| Metric | Value |
|---|---|
| Current Piramal Pharma Share Price | ₹231 |
| Market Cap | ₹30,632.7 Cr |
| 52-Week Range | ₹88 – ₹244 |
| Recent Trading Range | |
| Day Low | ₹227 |
| Day High | ₹235 |
The Piramal Pharma share price has demonstrated impressive momentum, reflecting the stock’s growth trajectory over the past year.
Piramal Pharma Share Price Targets
Short-Term Targets for Piramal Pharma Share Price
- Piramal Pharma Share Price Target 2024: ₹300
- Piramal Pharma Share Price Target 2025: ₹350
Long-Term Targets for Piramal Pharma Share Price
- Piramal Pharma Share Price Target 2026: ₹400
- Piramal Pharma Share Price Target 2027: ₹450
- Piramal Pharma Share Price Target 2028: ₹500
- Piramal Pharma Share Price Target 2029: ₹600
- Piramal Pharma Share Price Target 2030: ₹700
- Piramal Pharma Share Price Target 2040: Potentially over ₹1,000
These Piramal Pharma share price targets indicate a promising future for investors.
Piramal Pharma Share Price History
Piramal Pharma has exhibited remarkable growth over the past year, achieving an impressive return of approximately 130.58%. The Piramal Pharma share price history reveals the stock’s ability to rebound after periods of decline, attracting both short-term and long-term investors.
Key Highlights of Piramal Pharma Share Price History
- 52-week high: ₹244
- 52-week low: ₹88
The Piramal Pharma share price history shows its resilience in the market, making it a noteworthy stock to monitor.
Financial Health Indicators of Piramal Pharma Share Price
Key Financial Metrics for Piramal Pharma
- P/E Ratio: 1103.5 (indicating high growth expectations)
- Debt to Equity Ratio: 0.31 (suggesting a manageable level of debt)
- Revenue Growth Rate (Annual): 14%
These indicators demonstrate that the Piramal Pharma share price is supported by strong financial fundamentals.
Technical Analysis of Piramal Pharma Share Price
Support and Resistance Levels
The stock is currently trading above its key moving averages, with significant support and resistance levels:
- First Support Level: ₹215.95
- Second Support Level: ₹214.22
- First Resistance Level: ₹220.45
This technical analysis of the Piramal Pharma share price provides insights into potential price movements in the short term.
Investment Considerations for Piramal Pharma Share Price
When evaluating the Piramal Pharma share price, investors should consider the following factors:
- Growth Potential: The pharmaceutical sector is poised for significant expansion due to increasing healthcare demands.
- Market Positioning: Piramal Pharma is strategically positioned within the healthcare sector, focusing on contract development and manufacturing.
- Financial Stability: The company boasts a healthy balance sheet with consistent revenue growth, appealing to investors.
Conclusion: The Future of Piramal Pharma Share Price
In conclusion, Piramal Pharma presents a compelling investment opportunity due to its strong performance metrics and optimistic market outlook. With Piramal Pharma share price targets indicating substantial growth over the next decade, it stands as a noteworthy contender in the pharmaceutical sector.
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