EID Parry drops after block deal

The block deal constitutes 0.26% of EID Parry (India)'s equity.

Meanwhile, the S&P BSE Sensex was down 233.30 points or 1.2% at 19,207.77.

On BSE, 4.76 lakh shares were traded in the counter as against average daily volume of 38,752 shares in the past one quarter.

The stock hit a high of Rs 138.50 and a low of Rs 136 so far during the day. The stock had hit a 52-week low of Rs 135 on 7 May 2013. The stock had hit a 52-week high of Rs 256.90 on 12 October 2012.

The stock had underperformed the market over the past one month till 10 June 2013, declining 5.23% compared with the Sensex's 3.19% slide. The scrip had also underperformed the market in past one quarter, falling 13.37% as against Sensex's 1.23% slide.

The small-cap company has equity capital of Rs 17.58 crore. Face value per share is Re 1.

EID Parry (India)'s consolidated net profit fell 45.8% to Rs 74.78 crore on 27.5% decline in net sales to Rs 2599.26 crore in Q4 March 2013 over Q4 March 2012.

EID Parry (India) is engaged in the manufacture and marketing of a wide-range of products such as sugar, bio-products and nutraceuticals.

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