The growth in revenue for EID Parry will be driven by an expansion in the distillery segment.

EID Parry rises 4%, sees revenue touching Rs 1,200 crore by FY25

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Stocks to watch: Coal India, Mankind Pharma, EID Parry, India Pesticides

Sugar manufacturer EID Parry (India) Ltd reported a consolidated profit after tax for the quarter ending March 31, 2023 at Rs 286.90 crore, the company said on Wednesday.

EID Parry reports consolidated PAT at Rs 286.90 cr in March quarter

Earnings before depreciation, interest, taxes and exceptional items (EBITDA) for the quarter was at `327 crore in comparison to the corresponding quarter of previous year of Rs 309 crore.

EID Parry PAT at Rs 83 cr | The Financial Express

EID Parry India Ltd. reported a 64% drop in its standalone net profit for the March quarter year on year to ₹83 crore, as it incurred a loss on investment in subsidiaries and joint ventures of ₹155 crore.

EID Parry India Q4 net down by 64% to ₹83 cr. on impairment losses

The SGX Nifty suggested a flat open for domestic indices Nifty 50 and Sensex. Here’s a look at the key stocks to watch in trade today.

Stocks To Watch: JSW Steel, Zomato, NTPC, Power Grid, Federal Bank, ZEE, Shree Renuka, EID Parry | The Financial Express

The board of EID Parry India Ltd. on Monday approved the payment of second interim dividend of ₹4 per share for FY23

EID Parry India to pay second interim dividend of ₹4 per share

Shares of Deep Industries will turn ex-split today. The Deep Industries stock of face value of Rs 10 would split into two shares of face value of Rs 5 each. Earum Pharmaceuticals would go ex-rights today.

EID Parry board to consider dividend payment; Deep Industries shares will turn ex-split today

The commercial production from the expanded capacities is expected to commence in April next year

EID Parry to incur capex of ₹268cr for expansion in FY24

With expansions in place by FY24, EID Parry’s overall distillery capacity will be at 582 KLPD

EID Parry to invest ₹286 cr to boost ethanol production capacity

EID Parry Q3 net falls 14% to ₹16 cr. on coal price rise, reduced distillery production

Price return has been average, nothing exciting

Performance

Can be considered moderately valued vs the market

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

E.I.D.- Parry (India) is engaged in the manufacturing and marketing of sugar, bio pesticides and nutraceuticals.