East India Drums and Barrels Manufacturing Ltd receives LOA from HPCL

East India Drums and Barrels Manufacturing Limited has received a Letter of Acceptance (LOA) from Hindustan Petroleum Corporation Limited (HPCL), Petroleum House, for the supply of MS drums, with an aggregate contract value of ₹ 83,71,06,987.10/- (Rupees Eighty-Three Crore Seventy-One Lakh Six Thousand Nine Hundred Eighty-Seven and Paise Ten only).

The supplies under the said contract shall be made to HPCL at Silvassa and Mazgaon, India.

We are proud to share that this order further strengthens our long-standing relationship with Hindustan Petroleum Corporation Limited and reinforces our position as a trusted supplier. The contract reflects our manufacturing capabilities, strict adherence to quality standards, and continued commitment to supporting India's energy infrastructure and industrial requirements.

Shares of East India Drums and Barrels Manufacturing Limited was last trading in BSE at Rs. 107.56 as compared to the previous close of Rs. 107.95. The total number of shares traded during the day was 2900 in over 45 trades.

The stock hit an intraday high of Rs. 108.50 and intraday low of 102.86. The net turnover during the day was Rs. 308941.00.

Source : Equity Bulls

Keywords

EastIndiaDrumsandBarrelsManufacturing INE191C01023 LOA HPCL