EID Parry India Stock Research

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EID Parry India Detail

EID Parry India is in portfolio of Nemish Shah. He is one of the top investors in India. The company belongs to Sugar sector. 

As per the Company website it is engaged in the business of Sugar and Nutraceuticals. The Company has 9 Sugar plants. All of the plants are located in South India in states of Tamilnadu, Andhra Pradesh and Karnataka.

These nine plants have total sugarcane crushing capacity of 43,400 TCD, co-generation capacity of 160 MW and Distillery capacity of 234 KLPD. Below are two major business division of the Company

  • Sugar
    • The first to launch Vitamin A fortified sugar in the retail segment – Parry’s Vita
    • The first to launch pure brown sugar under the brand – Amrit
  • Nutraceuticals
    • Organic Spirulina
    • Organic Chlorella
    • Tomato Lycopence
    • Natural Astaxanthin
    • Xanmax

It exports Neutraceutical products to more than 40 countries. Organic Spirulina from Parry has received most of the major certifications.The Nutraceutical products are also sold through Amazon and have high ratings as well.

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I have shared long term price performance chart of the Company below.As per Dow theory of technical analysis price performance over a period of time reflects Company state.

EID Parry India Stock Performance

Over the years the stock has given positive returns to investors. Though the movement was often marred with negative returns or movement for number of years testing patience of investors as well.

The long consolidation and down turn is justified as Sugar is a cyclic sector. None the less it has given 18 times return in past 16 years or so making money for investors. The Stock also gives more than 1.5% dividend at current market price.

Any stock which gives positive returns along with consistent dividend is best investment pick for investors.

EID Parry India My Opinion

EID Parry India is a Sugar sector Company. The Company is part of Murugappa Group. So there is no question about Corporate Governance. The Company is part of Group which has good reputation.

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Sugar is one of the essential commodities which will have market till people want sweetness in their food. It is evergreen sector with stable demand. The Sugar prices and production largely determines performance of these stocks.

Apart from Sugar it is also present in Nutraceuticals. It exports to more than 40 countries and have certifications for the products. The products are also available on Amazon and have good ratings and reviews.

With increasing awareness among people about food supplements this segment should perform well in future. It is also increasing product portfolio on this segment which will increase Sales and profitability.

So this company is play for two sectors one of which is stable and other is poised to grow. With good management in helm this Company is worth tracking. Note I have not yet invested in this sector and will explore it in details.

In case you are interested then you can track the company by adding it to your stock watch list. That way you can keep close eye on the Company.

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