PTL Enterprises Ltd

NSE
PTL •
BUY

1W Return

-%

1M Return

-%

6M Return

-%

1Y Return

-%

3Y Return

-%

Start SIP in PTL Enterprises Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
48.75% Gain from 52W Low
6.6
TTM PE Ratio
Above industry Median
28.8
Price to Book Ratio
Low in industry
1.5
Dividend yield 1yr %
Market Runner Up
3.9
TTM PEG Ratio
PEG TTM is negative
-1.9
RSI
RSI is mid-range
41.2
MFI
MFI is mid-range
43.7

PTL Enterprises Ltd shareholding Pattern

Promoter
69.8%
Foreign Institutions
0.1%
Domestic Institutions
8.3%
Public
21.8%

PTL Enterprises Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
5
Bearish Moving Averages
11
5Day EMA
45.20
10Day EMA
45.70
12Day EMA
45.90
20Day EMA
46.30
26Day EMA
46.40
50Day EMA
45.80
100Day EMA
44.00
200Day EMA
40.80
Delivery & Volume
Resistance & Support
44.37
Pivot
Resistance
First Resistance
45.18
Second Resistance
45.82
Third Resistance
46.63
Support
First Support
43.73
Second support
42.92
Third Support
42.28
Relative Strength Index
41.20
Money Flow Index
43.74
MACD
-0.47
MACD Signal
-0.10
Average True Range
2.24
Average Directional Index
19.92
Rate of Change (21)
-10.36
Rate of Change (125)
31.61

PTL Enterprises Ltd Company background

Founded in: 1959
PTL Enterprises Ltd , (formerly known as Premier Tyres Ltd.) was incorporated in 1959. The tyres manufacturing facility of PTL at Kalamassery, Kerala, is leased out to ApolloTyres Limited on long term basis. All production is done by Apollo Tyres Limited.The company was declared a sick unit by the Board for Industrial and Financial Reconstruction (BIFR) and under a rehabilitation scheme prescribed by the Board, PTL was taken over by Apollo Tyres in 1995. This involved Apollo subscribing to Premiers additional equity of Rs 10 cr at par. The authorised capital of the company has increased from Rs 4 cr to Rs 14 cr and its registered office shifted from Mumbai to Cochin. According to the BIFR order, Apollo will operate Premiers plant on an irrevocable lease of 8 years and pay a total lease rental amounting to Rs 45.50 cr to Premier Tyres. Apollo will lift the entire production of Premier and sell the same under the Apollo brand name.The Companys first super specialty hospital project in Gurgaon, by the name of Artemis Health Institute (AHI) was started in July 2007. A new 47 bedded Hospital unit in the name and style of Artemis Hospital at Dwarka, New Delhi commenced operations in September 2012. During 201213, PTL Projects Ltd., a wholly owned subsidiary of the Company, acquired 100% shareholding in Athena Eduspark Ltd. for expanding its activities into medical, management, professional and technical education etc.During 201516, name of the Subsidiary Company PTL Projects Limited changed to Artemis Global Life Sciences Limited consequent to change in Object Clause from Projects Management to Medical Healthcare Business. The Directors approved sale of 30, 25,000 Equity Shares held in Artemis Medicare Services Limited (AMSL) to Artemis Health Sciences Limited (AHSL) and consequently, AMSL became 100% subsidiary of AHSL w.e.f. 31 December, 2015. The Company increased investments in its wholly owned subsidiary company, Artemis Health Sciences Limited (AHSL), by subscribing 79.90 lacs shares of Rs.10/ each at a premium of Rs. 45 and accordingly, Companys holding in AHSL would remain 100%.The Board of Directors have approved to demerge the whole of Medicare and Healthcare Undertaking of PTL Enterprises Limited into its wholly owned subsidiary Artemis Global Life Sciences Limited AGLSL (Formerly PTL Projects Limited, name changed w.e.f 29th December, 2015) on a going concern basis. The Scheme of Demerger/Arrangement sanctioned by the Kerala High Court and National Company Law Tribunal, New Delhi between PTL Enterprises Ltd (the Demerged Company) and its wholly owned subsidiary, Artemis Global Life Sciences Ltd (AGLSL) (formerly known as PTL Projects Limited) (the Resulting Company) and their respective shareholders and the creditors of the two companies for demerger of the Medicare and Healthcare Services Business undertaking of the Demerged Company into Resulting Company was operative with the Appointed Date on 01st April 2016, and resulting to this, the Scheme became effective from 8th March 2017 through the Demerger Scheme. All the assets and liabilities of the Medicare and Healthcare Services Business undertaking got transferred as a going concern. Therefore, the Company ceased to be Holding Company of Artemis Health Sciences Ltd, Artemis Medicare Services Ltd, Artemis Global Life Sciences Ltd (Formerly PTL Projects Ltd) and Athena Eduspark Ltd. w.e.f 01st April 2016.
Read More

PTL Enterprises Ltd FAQs

PTL Enterprises Ltd shares are currently priced at 44.55 on NSE and 44.37 on BSE as of 2/28/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of PTL Enterprises Ltd [PTL] share was 46.78. The PTL Enterprises Ltd [PTL] share hit a 1-year low of Rs. 29.95 and a 1-year high of Rs. 54.1.

The market cap of PTL Enterprises Ltd is Rs. 589.74 Cr. as of 2/28/2024 12:00:00 AM.

The PE ratios of PTL Enterprises Ltd is 28.63 as of 2/28/2024 12:00:00 AM.

The PB ratios of PTL Enterprises Ltd is 1.33 as of 2/28/2024 12:00:00 AM

You can easily buy PTL Enterprises Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.

Open Demat Account
or Resume your Application
+91 -

personImage