The downtrend in the stock market continues. Yesterday, on 19 November, the Sensex fell from an all-time high of 85,922 points to 77,578.38. On the other hand, the Nifty fell from an all-time high of 26,166 points to 23,518.50.

However, in this period of decline, there are some stocks that can give their investors a return of 10 to 37 percent in the coming time. One of these stocks is Piramal Pharma Ltd, whose owner is Ajay Piramal, who is the brother-in-law of the country's leading businessman Mukesh Ambani.

what does the report say

Amidst the decline in the market, Economic Times has released a report, which mentions about 20 such stocks which can see a growth of 10 to 37 percent in the coming time. These include companies like Pradeep Phosphate, Motilal Oswal Fin, Skipper, Tilaknagar Industries and Piramal Pharma Limited.

Piramal Pharma is a multibagger

Piramal Pharma shares have doubled the money of its investors in the last one year. This multibagger share was priced at Rs 119.45 on 20 November 2023. At the same time, the price of this share was Rs 250.80 on 19 November 2024. Talking about the last one year, this share has given a return of 109.96 percent.

Fundamentals of Piramal Pharma

The market cap of Piramal Pharma Limited is Rs 33,223 crore. Its stock PE is 575 and ROCE is 5.49 percent. The book value of the stock is Rs 59.6 and ROE is 0.22 percent. Talking about the face value of Piramal Pharma, it is Rs 10. The 52 week high of the stock is Rs 307.85 and the 52 week low is Rs 114.45.