Piramal Enterprises Ltd


(vijay1994) #838

https://economictimes.indiatimes.com/news/politics-and-nation/piramal-group-refutes-deal-with-piyush-goyal/articleshow/63955306.cms


(system) #840

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(system) #841

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(system) #842

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(system) #843

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(system) #844

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(system) #845

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(system) #846

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(Manish Vachhani) #847

(Manish Vachhani) #848

Guys, make sure to limit discussion to the fundamentals rather than diverting to the politics. Rather than speculating, please stick to facts.


(Krishnaraj) #849

@rahulbdhandho Apologies for the delayed response.

You are correct, Piramal Estates Pvt Ltd (PEPL) is not a subsidiary of Piramal Enterprises Ltd (PEL) as Bloomberg reference that I provided indicated. I discovered this from the filings of PEPL with MCA.

However there are related party transactions between PEL and PEPL, and I have responded to that and made some notes on PEPL in “Forensics and the art of triangulation” thread.


(naruto) #850

How is Piramal able to give housing loans for 8.45% when its cost of capital is 8.3% (gleaned from earlier posts in thread)

Disclosure: Interested. Not invested.

Source:

source: https://www.piramalhousing.in -> Calculator


(ramanhp) #851

Just checking, does the interest rates depend on individual profile or is fixed for all eligible borrowers.


(HR) #852

This is just a loan calculator.

Interest rate is different for different individuals and depends on various things including loan amount, borrower profile, and duration.


(MD Razi G Haider) #855

‪Why did Ajay Piramal buy Piyush Goyal’s company Flashnet? https://www.bloombergquint.com/business/2018/05/08/ajay-piramal-buys-piyush-goyals-company-only-to-sell-most-of-its-assets-in-months .Still did not getting why piramal sir is not disclosing the valuation menthod and the name of CA who did the valuation for Flashnet. :thinking:


(Storyteller) #856

That is the only important question. The rationale for buying it. Rationale does not add up.
and so, no one has gone to or will go to court for defamation.


(divyansh ) #858

It looks really weak on the charts. Though this has not much to do with the fundamentals. But sometimes such price correction hint at future. Is there something which the market can see and we not.

Disc: invested from lower levels and piramal is 20% of my portfolio


(Marathondreams) #859

(Manish Vachhani) #861

@morigh82 You have already posted this link. Repeating again does not make sense.


(Saji John) #864

Discussion in PEL is more about it’s financial services. However the Pharma vertical is slowly and steadily making it’s presence felt… two old videos .https://www.youtube.com/watch?v=EXk4Qbp1Xt4 https://www.youtube.com/watch?v=Bm4221m2k10