Ethanol Stock Jumps After Parag Parikh Mutual Fund Buys 17.40 Lakh Shares in the Co.
Bengaluru, June 12 -- engaged in manufacturing sugar, ethanol, and bio-products, along with power generation through co-generation plants, serving domestic and export markets, jumped 1.94 percent after Parag Parikh Mutual Fund bought an additional 17.40 lakh shares in the company.
With a market capitalization of Rs. 12,730.61 crores, the share of EID Parry (India) Limited has reached an intraday high of Rs. 723.90 per equity share, rising nearly 1.94 percent from its previous day's close price of Rs. 710.10. Since then, the stock has retreated and is currently trading at Rs. 715.50 per equity share.
What is the News?
PPFAS Mutual Fund, through its schemes, has increased its stake in EID Parry (India) Limited through open market purchas...
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