India, Oct. 17 -- The article examines how EID Parry is looking to improve profitability through its ethanol, jaggery, and nutraceuticals businesses amid fluctuating sugar prices. Founded in 1788 and headquartered in Chennai, the company is part of the Murugappa Group.

With a market capitalization of Rs 12,351 crore, EID Parry (India) Ltd's share closed at Rs 694 per share, down by 1.13 percent from its previous close. The stock of the company is trading at a discount of 38 percent from its 52-week high, with an undervalued P/E of 15.2x compared to the industry average of 19.7x.

E.I.D. Parry (India) Limited, founded in 1788 and headquartered in Chennai, is part of the Murugappa Group. The company operates across sugar, ethanol, distill...