Eastern Treads is currently trading at Rs. 150.00, up by 9.15 points or 6.50% from its previous closing of Rs. 140.85 on the BSE.
The scrip opened at Rs. 145.50 and has touched a high and low of Rs. 157.95 and Rs. 145.50 respectively. So far 15694 shares were traded on the counter.
The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 259.00 on 12-Jul-2016 and a 52 week low of Rs. 56.50 on 06-Oct-2015.
Last one week high and low of the scrip stood at Rs. 157.95 and Rs. 134.00 respectively. The current market cap of the company is Rs. 79.47 crore.
The promoters holding in the company stood at 65.51%, while Non-Institutions held 34.49% stake in the company.
Eastern Treads has secured the tender for supplying the Tyre retreading materials to Kerala State Road Transport (KSRTC). The company obtained repeated order to supply 540 MT of Tyre retreading materials to KSRTC to meet their annual tyre retreading requirements. The company has obtained this repeated yearly order from KSRTC for the consecutive third year.
Eastern Treads is engaged in the manufacturing of quality pre-cured tread, cushion/bonding, gum and black vulcanizing cement. The company is taking its quality statement forward on the road to success.
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