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EID Parry moves higher on getting nod for investment in Parrys Investments

22 Feb 2017 Evaluate

EID Parry (India) is currently trading at Rs 289.75, up by 1.55 points or 0.54% from its previous closing of Rs. 288.20 on the BSE.

The scrip opened at Rs. 288.40 and has touched a high and low of Rs. 291.45 and Rs. 288.20 respectively. So far 7228 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 309.70 on 07-Feb-2017 and a 52 week low of Rs. 156.35 on 24-Feb-2016.

Last one week high and low of the scrip stood at Rs. 291.80 and Rs. 280.75 respectively. The current market cap of the company is Rs. 5089.70 crore.

The promoters holding in the company stood at 45.27%, while Institutions and Non-Institutions held 16.87% and 37.87% respectively.

EID Parry has received an approval for investment of an amount of Rs 90 lakh in the equity share capital of Parrys Investments, a wholly owned subsidiary. The board of directors at its meeting held on February 21, 2017 has approved for the same.

The board also approved investments held in the Cumulative Redeemable Preference Shares in Parry Sugars Refinery India (PSRIPL), a wholly owned subsidiary aggregating to Rs 141 crore to be converted into equity shares of PSRIPL.

EID Parry India is engaged in the business of manufacturing and marketing of sugar and bio products.

E.I.D. Parry (I) Share Price

865.45 12.45 (1.46%)
17-Apr-2026 16:59 View Price Chart
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