East West Holdings Limited announces renewal of contract with Raymond Ltd

East West Holdings Limited (Through Wholly owned Subsidiary (WOS) East West Freight Carriers Limited) has announced renewal of its contract worth approx. Rs. 12 to 14 crore with one of its eminent clients ie. Raymond Limited alongwith its parents, subsidiaries and group companies and divisions of Raymond Limited.

Under this contract the Company will be providing total Logistic Solutions to Raymond Limited and its group companies. The above contract will boost the Revenue of the Company and help it expand and sustain leadership in its major lines of business.

On the same Mr. Mohammed Ajaz Shafi - Managing Director & CEO said that "We are proud to be associated again with such a reputed Company and its emphasis the superior quality of services delivered by the Company to its clients and it's our continuous endeavour to add more such reputed clients to our clientele."

Shares of EAST WEST HOLDINGS LIMITED was last trading in BSE at Rs. 8.2 as compared to the previous close of Rs. 8.1. The total number of shares traded during the day was 74924 in over 150 trades.

The stock hit an intraday high of Rs. 8.4 and intraday low of 7.94. The net turnover during the day was Rs. 616324.

Source : Equity Bulls

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