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There Is 60% Upside In EID Parry: Microsec



Ajoy Mukherjee of Microsec has issued a research report in which he has argued that EID Parry is a mis-priced opportunity with a 60% upside. He has recommended a Strong Buy of the stock




We rate E.I.D.-Parry (India) Ltd. a Murugappa Group Company, a STRONG BUY based on company’s significant presence in farm input business through its subsidiary, Coromandel International Limited. E.I.D. Parry holds 62.56% of the equity share of Coromandel International Limited. Except this E.I.D. Parry has a 99% stake in Silkroad Sugar Pvt. Ltd., 93.25% stake in US Nutraceuticals LLC, USA with 100% voting rights and 65% stake in Parry Sugar Industries Ltd.

Click here to read Microsec’s report on EID Parry
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