EID Parry India Limited
Govindlal M Parikh increased his stake in EID Parry India Limited from 2.50% to 2.53%, buying 67,758 shares. The stake is worth ₹340.74 Cr.
A diversified basic materials company, E.I.D.-Parry operates across sugar production, nutraceuticals, and ethanol manufacturing with significant operations spanning multiple regions. The company maintains a strong presence in farm inputs and bio-pesticides through its subsidiary Coromandel International Limited, serving agricultural and industrial markets across India with integrated solutions for farmers and enterprises.
A chemical engineer turned Dalal Street legend. Govindlal Parikh has been investing in Indian equities for several decades following a strict value discipline: buy low, never average up, hold for the long term. His concentrated positions in Sundram Fasteners, TVS Holdings, EID Parry, Ramco Cements, and Ramco Industries have compounded through multiple market cycles. Disclosed portfolio: ~$122 million. His '7 Lessons' series on Alpha Ideas is required reading for serious Indian value investors.