The state of Rights issue shows that all may not be well at Piramal
enterprise ltd and one should try to keep himself away from such
counters as it shows that the investors are losing faith in the
company. Have a look at below news report on the Piramal Enterprises rights issue report. We had initiated a
sell call on Piramal Enterprises in July 2019 when the stock was hovering near 1875 levels and thereafter stock made a low of 1316 on 10 Oct 2019.
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