Apr 26, 2012, 09.46 AM IST

EID Parry gains 3.5% on merger news

EID Parry (India) is going to merge Sankili and Haliyal undertaking of Parry Sugar. The company will allot 5 shares for 19 shares held by shareholders of Parry Sugar, reports CNBC-TV18

Source: Moneycontrol.com
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EID Parry (India) is going to merge Sankili and Haliyal undertaking of Parry Sugar. The company will allot 5 shares for 19 shares held by shareholders of Parry Sugar, reports CNBC-TV18.
 
EID Parry touched an intraday high of Rs 190 and an intraday low of Rs 184. At 09:20 hrs the share was quoting at Rs 186.70, up Rs 6.40, or 3.55%.
 
It was trading with volumes of 6,271 shares. In the previous trading session, the share closed down 1.74% or Rs 3.20 at Rs 180.30.


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