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Piramal Enterprises Ltd., incorporated in the year 1947, is a Large Cap company (having a market cap of Rs 62744.69 Crore) operating in Diversified sector.

As of 30-Jun-2021, promoters held 66.33 per cent stake in the company, while FIIs held 19.65 per cent and domestic institutional investors had 0.82 per cent.

The Nifty Auto index was trading 0.13 per cent down at 10641.45.

McLeod Russel India, which are held by Ichamati Investments, had pledged the shares with IndusInd Bank in order to secure outstanding dues of the tea plantation firm.

Following the development, shares of Persistent Systems soared 6 per cent to Rs 3,755 early Thursday before paring half the gains to trade at Rs 3,663.30 at 10.10 am (IST). The scrip had closed at Rs 3,544.10 on Wednesday.

On the technical charts, the RSI of the stock stood at 45.09.

Pudumjee Paper Products soared 11 per cent to Rs 44.2, whereas JK Paper gained 7 per cent to Rs 238.15 on Thursday.

"​Will valuations limit the overall market growth story? A lot will depend on the breadth and pace of earnings revision."

TVS Motor Company Ltd. key Products/Revenue Segments include Automobile - 2 & 3 Wheelers, Accessories & Spares, Other Operating Revenue, Sale of services for the year ending 31-Mar-2021.

The stock quoted a 52-week high price of Rs 1534.9 and a 52-week low of Rs 604.0.