346.80 8.60 (2.54%)
NSENov 27, 2020 03:31 PM
The 1 reports from 1 analysts offering long term price targets for EID Parry (India) Ltd. have an average target of 272.00. The consensus estimate represents a downside of -21.57% from the last price of 346.80.
|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2019-12-26||EID Parry (India) Ltd. +||AUM Capital||208.35||272.00||208.35 (66.45%)||Target met||Buy|
EID Parry (EID), incorporated in 1975 is a significant player in sugar with interests in promising areas of Nutraceuticals business. Headquartered in Chennai, India, the Company is a part of the Rs. 369 Billion Murugappa Group, one of India's leading business conglomerates. It is one of the oldest companies in India that has been in business for more than 225 years. It has many firsts to its credit, including the manufacturing of fertilizers (1906) for the first time in the Indian subcontinent. The company is one of South India's leading suppliers of sugar to the institutional as well as retail segment. Along with Sugar the Company is also focused on Co-generation (Power), Distillery (Spirits), and...
|2017-11-20||EID Parry (India) Ltd. +||Axis Direct||365.00||520.00||365.00 (-4.99%)||Buy|
Q2FY18: EID reported Q2 PAT of ~800 mn, flat YoY. Cane availability dropped 46% YoY leading to a cascading effect on production and sale of sugar and downstream products, mitigated to some extent by higher sugar realization (+10 YoY) and import of raw sugar.
|2017-08-14||EID Parry (India) Ltd. +||Axis Direct||308.60||480.00||308.60 (12.38%)||Buy|
|2017-05-29||EID Parry (India) Ltd. +||Axis Direct||311.50||420.00||311.50 (11.33%)||Buy|
|2016-10-20||EID Parry (India) Ltd. +||AUM Capital||259.00||350.00||259.00 (33.90%)||Buy|
EID Parry (EID), incorporated in 1975 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 input business through its subsidiary, Coromandel International Ltd where it has a 60.79% stake. EID Parry, together with its subsidiaries, has 9 sugar factories having a capacity to crush 39000 tonnes of cane per day, generate 160 MW of power and 4 distilleries having a capacity of 230KLPD and sugar refinery of 2000 TCD. The sugar factories are spread across southern states of Tamilnadu,...