EID Parry Q1 net profit after tax Rs 25 crore


On Saturday EID Parry India Ltd positioned a net profit of Rs. 253.40 mn for the quarter concluded June 30, 2016 as compared to net loss of Rs. (1381.80) million for the quarter concluded June 30, 2015.  A Murugappa group corporation, has accounted profit after tax of Rs.25 crore for the primary quarter ended June 30, 2016 against a loss of Rs.138 crore for the corresponding year-ago period.

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Total Income has augmented from Rs. 5049.10 mn for the quarter ruined June 30, 2015 to Rs. 5927.50 million for the quarter concluded June 30, 2016. EID Parry (India) Ltd is presently buying and selling at Rs. 263.45, up by Rs. 3.85 or 1.48% from its preceding final of Rs. 259.6 on the BSE. The scrip commenced at Rs. 260.15 and has touched an elevated and short of Rs. 265.8 and Rs. 260.15 correspondingly. So far 289234(NSE+BSE) shares were buying and selling on the counter. The present market cap of the corporation is Rs. 4565.08 crore.

The BSE group 'A' stock of face value Rs. 1 has reached a 52 week superior of Rs. 269.65 on 03-Aug-2016 and a 52 week short of Rs. 123 on 08-Sep-2015. Previous one week elevated and low of the scrip stood at Rs. 269.65 and Rs. 244.5 correspondingly. The promoters sharing in the corporation stood at 45.25 % while Institutions and Non-Institutions held 18.13 % and 36.58 % respectively. The stock is presently trading above its 50 DMA.

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