SBI MF Ups Stake in EID Parry to 9.13%; Stock Slips 2.65%
SBI Mutual Fund raises stake in EID Parry India to 9.13% by acquiring 78,142 shares. EID Parry stock trades at ₹736, down 2.65%, with a market cap of ₹13,097.54 crore. Source: Livemint
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23 Aug 2026 – 21 Sep 2026 · Times in IST
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SBI Mutual Fund raises stake in EID Parry India to 9.13% by acquiring 78,142 shares. EID Parry stock trades at ₹736, down 2.65%, with a market cap of ₹13,097.54 crore. Source: Livemint
Govt reduces sugar stock holding limit to 2,000 quintals for dealers from Sep 15. This move tightens inventory norms, impacting sugar trade and EID Parry India Limited. Source: Livesquawk
Sugar stocks like Shree Renuka (+2.3%) and EID Parry (+1.91%) rose as India redirected 350,000 tonnes of export-bound sugar to the domestic market. Retail sugar prices surged 40% in two months; govt's move aims to stabilize domestic supply amid festive demand and rising global sugar costs. Source: NDTV Profit