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EID Parry surges on getting nod to invest Rs 19 crore in Algavista Greentech

05 Oct 2021 Evaluate

E.I.D. - Parry (India) is currently trading at Rs. 440.60, up by 5.15 points or 1.18% from its previous closing of Rs. 435.45 on the BSE.

The scrip opened at Rs. 432.05 and has touched a high and low of Rs. 444.00 and Rs. 432.05 respectively. So far 14044 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 470.35 on 28-Jun-2021 and a 52 week low of Rs. 259.60 on 14-Oct-2020.

Last one week high and low of the scrip stood at Rs. 444.00 and Rs. 411.70 respectively. The current market cap of the company is Rs. 7783.13 crore.

The promoters holding in the company stood at 44.74%, while Institutions and Non-Institutions held 12.17% and 43.09% respectively.

EID Parry (India) has received approval from board of directors for an investment of Rs 19 crore in the share capital of the Joint Venture Company, Algavista Greentech. The company has also received approval for sale of the Plant & Equipment of the Sugar Factory at Pettavaithalai, which is not in operation. The Board of Directors at their meeting held on October 04, 2021 has approved the same.

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

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