SBI Mutual Fund Upgrades Holding in EID Parry to 9.14% Following Latest Stock Acquisition

SBI Mutual Fund has upgraded its holding in EID Parry India as a result of purchasing another 78,142 shares of the company.  

Invest in Indian Markets and Unlock Future Potential With 5paisa!

Open Account Now

With the purchase, the mutual fund company’s holding via its schemes has now reached 1,62,58,521 shares, equivalent to 9.1363% of the total paid-up share capital of EID Parry. 

The purchase is happening in an environment where EID Parry stocks have seen a downward trend in the past few months. At 1:51 pm on Thursday, September 10, EID Parry’s stocks were trading at 2.65% lower at ₹736 on the BSE. 

SBI Mutual Fund Purchases 78,142 Shares 

As per a BSE filing dated September 9, SBI Mutual Fund has purchased 78,142 shares of EID Parry, which is 0.0439% of the total paid-up share capital of the company. 

The mutual fund company had before the purchase held 1,61,80,379 shares of EID Parry, representing 9.0924% of the company’s total voting capital.  

After the acquisition, the holding has gone up to 1,62,58,521 shares or 9.1363% as of September 8. 

Total equity share capital of EID Parry continues to remain the same at ₹17,79,55,692. 

Other Mutual Fund Holdings in EID Parry 

BSE data cited in the report also provided details of mutual fund holdings in the company as of September 10. 

Parag Parikh Flexi Cap Fund held 16.26% of the total voting rights in EID Parry, while SBI Nifty 500 Index Fund and Canara Robeco Mutual Fund held 7.10% and 1.15%, respectively. 

The latest SBI Mutual Fund transaction therefore represents an increase in an existing holding rather than a new entry into the company. 

EID Parry Shares Trade Lower 

Despite the increased stake by SBI Mutual Fund, EID Parry shares were trading lower during Thursday’s session. 

The stock was down 2.65% at ₹736 on the BSE at 1:51 pm, giving the company a market capitalisation of ₹13,097.54 crore. 

During the session, the shares moved between a high of ₹761.95 and a low of ₹719.55. 

EID Parry had touched its 52-week high of ₹1,141 on September 18, 2025. Its 52-week low of ₹698.40 was recorded on June 19, 2026. 

The stock has declined around 7% over the past month and approximately 10.9% over the past six months. 

The company’s return on equity stood at -26.41%. 

The latest disclosure puts the focus on SBI Mutual Fund’s increased exposure to EID Parry, with its aggregate holding now at 9.1363% after the purchase of 78,142 additional shares.