EID Parry to close sugar unit at Tamilnadu

02 Jan 2021 Evaluate

EID Parry (India) has decided to close sugar unit of the company at Pettavaithalai, Tamilnadu, which is not in operation due to continuous non-availability of adequate sugar cane. The said plant will not be operated in future as the expectation of a revival of the cane cultivation in the area is low due to a variety of factors. The company proposes to deal with the assets of the unit as may be deemed appropriate.

EID Parry (India) is a significant player in Sugar with interests in promising areas of Bio Pesticides and Nutraceuticals. The company also has a significant presence in Farm Inputs business through its subsidiary, Coromandel International.

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

545.65 0.05 (0.01%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Shree Renuka Sugar 39.72
Bajaj Hindusthan Sug 29.03
Triveni Engg. & Inds 310.60
Balrampur Chini Mill 360.00
Dalmia Bharat Sugar 339.05
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.