GENERAL10 Sept 2026
SBI Mutual Fund raises stake in sugar stock EID Parry to 9.13% | Check stock performance
SBI Mutual Fund has raised its holding in EID Parry India Limited, the Chennai-based sugar and ethanol maker, to 9.1363%. It bought 78,142 more shares, taking its total to 1,62,58,521 shares as of September 8, 2026. The stock fell 2.65% to ₹736 on BSE on September 10. Big fund buying shows steady institutional interest, so watch the counter rather than chase it.
Key Statutory Highlights
- SBI Mutual Fund now holds 1,62,58,521 shares of EID Parry India Limited, which is 9.1363% of the company's paid-up share capital.
- The fund bought 78,142 shares, representing 0.0439% of the paid-up share capital, as per a BSE filing dated September 9.
- EID Parry stock was trading 2.65% lower at ₹736 per share on BSE on September 10, with a market capitalisation of ₹13,097.54 crore.
Actionable Advice for Taxpayers / Founders:If you hold or plan to buy EID Parry, treat this as one data point only. Check the company's latest results and your own holding period before acting, since the stock is down and past fund buying does not promise future gains.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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