EID Parry Share Price Target From 2024 to 2030: EID Parry (India) Limited, a flagship business enterprise of the Murugappa Group, is one in every of the largest sugar manufacturers in India. It moreover operates within the fields of nutraceuticals, biopesticides, and herbal manure, contributing extensively to India’s agri-agency area. With a strong presence and a various portfolio, EID Parry has proven a promising growth trajectory, making it a compelling funding for stakeholders searching out opportunities in the agricultural and sugar sectors. In this whole evaluation, we will discover the projected percentage charge purpose of EID Parry from 2024 to 2030, thinking about the corporation’s modern-day overall performance, market dynamics, and future increase techniques.
Current Performance and Market Indicators For EID Parry Share Price
As of the contemporary to be had information, EID Parry’s key monetary metrics are as follows:
- Open Price: โน865.00
- High Price: โน875.00
- Low Price: โน825.10
- Current Price: โน827.10
- Market Capitalization: โน14,690 Crores
- P/E Ratio: 16.68
- Dividend Yield: 0.97%
- 52-Week High: โน875.00
- 52-Week Low: โน452.70
- Price Change Over the Past Year: +350.60 (73.58%)
EID Parry Share Price currently trades at โน827.10, close to its 52-week excessive of โน875.00, indicating robust momentum and high exceptional investor sentiment. The inventory has received an superb 73.58% over the last yr, reflecting the employer’s strong economic regular overall performance and superb marketplace outlook. The P/E ratio of 16.68 indicates that the stock is reasonably valued in evaluation to its earnings, at the identical time as a dividend yield of 0.97% provides an additional move back for consumers.
Institutional and Retail Holdings For EID Parry Share Price
The shareholding sample for EID Parry as of June 2024 is as follows:
- Promoters: 40 .23%
- Retail and Others: 35.10%
- Mutual Funds: 11.63%
- Foreign Institutional Investors (FII): 10.22%
- Other Domestic Institutions: 0.80%
Key modifications in institutional holdings at some point of the June 2024 area encompass:
- Promoters’ Pledge: Unchanged at 0.01% of holdings.
- Promoters’ Holding: Remained unchanged at 42.23%.
- FII/FPI Holdings: Increased from 8.85% to 10.22%, with the number of FII/FPI traders growing from 189 to 202.
- Mutual Fund Holdings: Increased from eleven.03% to 11.63%, with the amount of mutual fund schemes very last unchanged at 17.
- Total Institutional Holdings: Increased from 20.73% to 22.67%.
The increase in institutional holdings, specifically from FIIs and mutual charge range, displays growing confidence in EID Parry’s lengthy-time period increase possibilities. The unchanged promoter defensive additionally suggests strong dedication from the Murugappa Group, this is critical for preserving market stability and investor don’t forget.
EID Parry Share Price Targets for 2024 to 2030
Based on current financial records, market conditions, and the corporation’s strategic growth plans, right here are the projected percentage price goals for EID Parry from 2024 to 2030:
YEARย | SHARE PRICE TARGETย |
2024 | โน915 |
2025 | โน1233 |
2026 | โน1411 |
2027 | โน1614 |
2028 | โน1848 |
2029 | โน2114 |
2030 | โน2420 |
EID Parry Share Price 2024: Target Price – โน915
The proportion price purpose for EID Parry in 2024 is projected at โน915. This intention suggests the business enterprise’s regular boom inside the sugar area and its efforts to extend its product portfolio in nutraceuticals and biopesticides. The anticipated boom in sugar prices, due to favorable authorities regulations and developing international call for, is predicted to contribute to the organization’s profits increase.
EID Parry Share Price 2025: Target Price – โน1,233
By 2025, the EID Parry Share Price intention is anticipated to gather โน1,233. This projection is primarily based absolutely at the agency commercial enterprise organizationโs increase plans in the renewable power phase, particularly in ethanol production, which aligns with the Indian government’s push for biofuels. The hobby on fee-introduced merchandise and the growth in ethanol blending mandates will in all likelihood enhance profitability and power inventory normal normal performance.
EID Parry Share Price 2026: Target Price – โน1,411
In 2026, the EID Parry Share Price is forecasted at โน1,411. The employer is anticipated to benefit from its included commercial enterprise corporation version, which includes captive power technology, natural manure production, and nutraceuticals. These segments are anticipated to witness robust boom, supported by means of the usage of manner of developing health attention and contact for for herbal products.
EID Parry Share Price 2027: Target Price – โน1,614
The projected EID Parry Share Price in 2027 is โน1,614. This growth is attributed to the enterprise’s endured consciousness on developing its sugar business enterprise and enhancing operational efficiencies. The adoption of new technologies, which incorporates precision farming and clever irrigation, will probable decorate productivity and reduce costs, contributing absolutely to the enterprise employer’s bottom line.
EID Parry Share Price 2028: Target Price – โน1,848
For 2028, the EID Parry Share Price motive is ready at โน1,848. EID Parryโs efforts to diversify its sales streams, particularly via strategic acquisitions and joint ventures inside the nutraceutical and biopesticide segments, are predicted to yield exceptional returns. The corporationโs consciousness on sustainability and innovation will likely stress lengthy-time period increase and shareholder charge.
EID Parry Share Price 2029: Target Price – โน2,114
The EID Parry Share Price in 2029 is projected at โน2,114. This increase projection considers the anticipated boom in global demand for sugar and unique agricultural products, pushed thru populace boom and converting nutritional patterns. The business enterprise enterpriseโs strategic popularity on exports, together with its robust domestic presence, is anticipated to enhance its competitive feature in the worldwide marketplace.
EID Parry Share Price 2030: Target Price – โน2,420
By 2030, the percentage charge goal for EID Parry is set at โน2,420. This lengthy-term goal assumes that the organisation will hold to innovate and amplify its product portfolio, leveraging its sturdy market presence and information inside the agri-organisation location. The growing emphasis on sustainable practices and the improvement of latest growth avenues, which incorporates bioenergy and specialty chemicals, are anticipated to offer a stable foundation for sustained increase.
Key Factors Influencing EID Parry Share Price
- Government Policies and Regulations for EID Parry Share Price: EID Parry’s overall performance is extensively inspired via authorities rules related to sugar pricing, ethanol blending, and export subsidies. Favorable guidelines will possibly offer a conducive surroundings for increase, on the identical time as any negative changes ought to impact profitability.
- Ethanol Blending and Renewable Energy Initiatives for EID Parry Share Price: The Indian government’s emphasis on ethanol mixing in fuels is a primary growth driving pressure for EID Parry. As a leading ethanol manufacturer, the enterprise stands to benefit from increased call for, that could appreciably enhance income and margins.
- Sugar Price Trends for EID Parry Share Price: Sugar fees are inherently risky due to elements which incorporates monsoon situations, global supply-call for dynamics, and coverage interventions. The enterpriseโs profitability can be carefully related to sugar fee moves, making it a critical aspect to display.
- Diversification into Nutraceuticals and Biopesticides for EID Parry Share Price: EID Parryโs investments in nutraceuticals and biopesticides align with the developing fashion towards fitness and fitness products. These immoderate-margin businesses are predicted to make a contribution to income diversification and lengthy-term boom.
- Operational Efficiency and Cost Management for EID Parry Share Price: The agencyโs capability to optimize charges and enhance operational efficiencies, particularly in its sugar turbines and ethanol manufacturing devices, is probably key to preserving profitability in a aggressive marketplace.
- Technological Advancements for EID Parry Share Price: Adoption of advanced era in farming, manufacturing, and supply chain manage will probably beautify productivity and decrease prices, contributing truly to the agencyโs economic normal performance.
FAQs For EID Parry Share Price
Q1: What is the projected percentage charge of EID Parry for 2024?
A: The projected EID Parry Share Price in 2024 is โน915, reflecting the organisation’s regular increase and enlargement efforts within the sugar and renewable strength sectors.
Q2: Why is EID Parry taken into consideration a potential funding opportunity?
A: EID Parry is considered a capacity investment due to its management in the sugar agency, boom into excessive-increase segments like ethanol and nutraceuticals, and its robust dedication to sustainability and innovation.
Q3: What factors need to have an impact on EID Parry Share Price boom?
A: Factors that might have an effect on EID Parry’s percentage charge growth include government tips, sugar fee volatility, international demand for sugar, diversification efforts, and the company’s ability to control charges and operational efficiencies.
Q4: What is the EID Parry Share Price thru 2030?
A: The percent rate aim for EID Parry thru 2030 is โน2,420, pushed thru using sustained increase in its middle companies, increase into new product segments, and developing emphasis on sustainable practices.
Q5: How have institutional buyers reacted to EID Parry’s normal overall performance?
A: As of June 2024, institutional traders have extended their holdings in EID Parry, reflecting growing self assurance in the commercial enterprise organisation’s lengthy-term boom opportunities and strategic initiatives.
EID Parry (India) Limited is strategically located to leverage the increase possibilities in the sugar, ethanol, and nutraceutical sectors. With sturdy backing from the Murugappa Group, a diverse portfolio, and a focus on sustainability and innovation, EID Parry gives a compelling funding opportunity for prolonged-term buyers. The projected share charge targets from 2024 to 2030 propose a tremendous increase trajectory, pushed via the use of the usage of favorable marketplace situations, strategic expansions, and operational efficiencies.