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Eid Parry sweetened by block deals Business line 11 July 2006: Hectic block deal activity at EID Parry helped buoy the scrip. BSE reported three block deals on the counter. The first was for 3.3 lakh shares at Rs 190 per share, the second for 2.5 lakh shares at Rs 190 per share and the third for 50,000 shares at Rs 191 per share. The scrip touched an intra-day high of Rs 202, and then shed a little on profit booking before closing at Rs 199. Over 6.4 lakh shares were traded at BSE on this counter on Monday. Last month, EID Parry had transferred over 4.3 lakh shares in its subsidiary Parryware Glamourooms to Roca Sanitario for over Rs 118 crore. Parryware Glamourooms is no longer a subsidiary of the company but a joint venture between the two groups. The company had also announced expansion for its sugar business and had committed Rs 850 crore towards this.
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