Piramal Enterprises Shares Jump After US-Based Carlyle Buys Stake In Pharma Unit

Piramal Enterprises shares rose more than 4 per cent on Monday after the Mumbai-based conglomerate said US-based investment firm Carlyle Group will purchase a 20 per cent stake in its pharmaceutical unit for around $490 million (Rs 3,706.36 crore at $1 = Rs 75.64). On the BSE, Piramal Enterprises shares rose to as high as Rs 1,399.95 apiece on the BSE during the session, marking a 4.27 per cent jump compared to its previous close of ...