EID Parry Adjusts Evaluation Score Amid Mixed Performance and Rising Institutional Interest

EID Parry (India), a prominent player in the fertilizers industry, has recently undergone an adjustment in its evaluation score. This revision reflects a shift in technical trends, moving from a bullish stance to a mildly bullish outlook.
The company's performance indicators reveal a mixed picture. Over the past year, EID Parry has generated a return of 36.04%, significantly outperforming the BSE500 index. However, it is noteworthy that profits have experienced a decline of 11.7% during the same period. The company maintains a low debt-to-equity ratio of 0.02 times, indicating a conservative financial structure.

In terms of institutional interest, EID Parry has seen a notable increase in holdings, now at 27.12%, suggesting confidence from larger investors. The stock's market capitalization stands at Rs 20,010 crore, making it the largest entity in its sector, accounting for 28.44% of the entire industry.

Despite the recent evaluation adjustment, EID Parry continues to demonstrate strong sales figures, contributing 41.03% to the industry with annual sales of Rs 33,585.50 crore.

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