East West Freight Carriers Ltd enters into Service Contract with Raymond Lifestyle Ltd

East West Freight Carriers Limited (EWECL) has entered into service contract with reputed and leading Fashion and Retail Company, Raymond Lifestyle Ltd.

Raymond Lifestyle Ltd is a leading Fashion and. Retail company with iconic men's fashion brands and a vast retail network. Raymond is the largest integrated textile company in the world and exports its suits to more than 60+ countries. They have selected East West Freight Carriers Limited as their Authorised CHA for clearance of goods and to provide Logistic/ Freight services.

Under this service contract the Company will be providing total Logistic solutions to Raymond Lifestyle Ltd as well as to their group companies and this is expected to generate revenue of approx. Rs. 20 crores.

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

Shares of East West Holdings Ltd was last trading in BSE at Rs. 7.80 as compared to the previous close of Rs. 7.61. The total number of shares traded during the day was 331851 in over 361 trades.

The stock hit an intraday high of Rs. 8.03 and intraday low of 7.50. The net turnover during the day was Rs. 2581830.00.

Source : Equity Bulls

Keywords

EastWestFreightCarriers INE595R01023 TransportationLogistics OrderWin RaymondLifestyle