E.I.D. Parry (India) Ltd. Records ₹62.71 Crores Block Trade on NSE at ₹724.90 Per Share 5 days ago
E.I.D. Parry (India) Ltd. recorded a block trade on the NSE involving approximately 865,136 shares at ₹724.90 per share, aggregating to a total transaction value of ₹62.71 crores. Such large-volume block trades are typically associated with institutional participation and are executed to minimise market impact.
EID Parry Reports 30% Jump in Q4 Profit, Plans Major Investment in Subsidiary
E.I.D.-Parry (India) has reported strong Q4 results with a 30.3% increase in consolidated net profit to ₹287 crore and a 22.6% rise in revenue to ₹6,811 crore. The company also announced a strategic investment of ₹350 crore in its wholly-owned subsidiary, Parry Sugars Refinery India Private Limited. While the farm inputs division led performance, the sugar division saw a decline in profits. The company's subsidiary, Coromandel International, declared dividends of ₹9 per share.