TraderRahulPal

Sweetness is about to get even sweeter with this sugar stock

Long
NSE:EIDPARRY   E.I.D.-PARRY(INDIA
Hello Traders and investors,

All sugar sector is in limelight since few years, but this stock has performed with an average in rally. But it seems consolidation has been over now and this is now ready to fly in blue sky. In this week volumes are high for delivery, it seems smart money has taken entry and i am expecting this rally should exceed from here. And guy's this is one of the very old company in India. EID Parry is engaged in Sugar, Nutraceuticals and ethanol production. It also has a significant presence in the Farm Inputs business including Bio pesticides through its subsidiary, Coromandel International Limited.

Market Cap
₹ 9,535 Cr.
Current Price
₹ 537
High / Low
₹ 628 / 433
Stock P/E
9.62
Book Value
₹ 375
Dividend Yield
1.77 %
ROCE
27.4 %
ROE
16.2 %
Face Value
₹ 1.00
Debt
₹ 878 Cr.
EPS
₹ 55.8
PEG Ratio
0.35
Promoter holding
44.5 %
Intrinsic Value
₹ 836
Pledged percentage
0.03 %
EVEBITDA
2.23
Change in Prom Hold
0.00 %
Profit Var 5Yrs
27.2 %
Sales growth 5Years
18.0 %
Return over 5years
19.8 %


PROS

Company has reduced debt.
Company has delivered good profit growth of 27.2% CAGR over last 5 years.

Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

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Thankyou.
Comment:
Ahaa,,, 1st target done, enjoy guy's

Comment:
Made high at 663, it has Given
All our targets, I hope everyone
have enjoyed the profits.

Best Regards,
Rahul Pal
(Full Time Trader & Investor)

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