East West Freight Carriers Ltd renews Custom House Agents service contract with IISC, Bengaluru

East West Holdings Limited through its wholly owned Subsidiary (WOS) M/.s East West Freight Carriers Limited has successfully renewed Custom House Agents (CHA) service contract with "The Indian Institute of Science (IISC), Bengaluru, which is ranked as India's top University and Research institution.

This renewed Custom House Agents (CHA) service contract with "The Indian Institute of Science (IISC), Bengaluru is expected to generate Rs.18-22 crores revenue for the Company.

Ajaz Shafi Mohammed - Managing Director & CEO said "We have started this new year with a great news and many more to come, renewal of contract by such a reputed organization has boosted our confidence and I believe that this year is going to be a fantastic year for the Company in terms of revenue and growth."

Shares of East West Holdings Ltd was last trading in BSE at Rs. 8.51 as compared to the previous close of Rs. 8.43. The total number of shares traded during the day was 265604 in over 646 trades.

The stock hit an intraday high of Rs. 8.83 and intraday low of 8.32. The net turnover during the day was Rs. 2295147.00.

Source : Equity Bulls

Keywords

EastWestHoldings INE595R01023 EastWestFreightCarriers CustomHouseAgents ServiceContract IISC Bengaluru