Support and Resistance Levels
Past performance
About EID Parry (India) Ltd EID Parry (India) Limited, headquartered in Chennai, is a prominent player in the sugar industry with a robust presence in nutraceuticals and bio-pesticides. Founded in 1900, the company operates six sugar factories capable of crushing 40,300 tonnes of cane daily, generating 140 MW of power, and five distilleries with a capacity of 417 KLPD. EID Parry has diversified into bio-pesticides, offering the neem extract Azadirachtins, and nutraceuticals, focusing on organic wellness products for global markets.
The company is part of the Murugappa Group and has expanded through strategic acquisitions and partnerships, including collaborations with international research institutes. EID Parry has innovated in sugar production, launching value-added products like Amrit sugar and initiating "Waste to Wealth" initiatives to convert by-products into fertilizers. Its nutraceuticals division has expanded internationally, leveraging joint ventures to produce algae-based products. Recent expansions include a 120 KLPD distillery and a new turbine, enhancing its production capabilities. EID Parry continues to grow through strategic innovations and global market penetration.