Piramal Enterprises Limited is showing strong momentum with improved financial metrics and a focused strategy on its core financial services business. The company has significantly expanded its retail loan portfolio post the DHFL acquisition and is leveraging technology for efficient credit delivery. With a pan-India presence and strong risk management practices, it is well-positioned for sustainable growth. Recent quarterly results reflect improving asset quality and rising disbursements, indicating robust operational performance. The stock has formed a base near 1300 and is poised for an upward breakout. Buying at 1304 offers a favorable risk-reward with a target of 1434 and stop loss at 1174.
BUY : PEL-EQ( PEL ) [2412]
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