Eastern Treads is currently locked at its upper circuit limit of Rs. 24.65, up by 1.15 points or 4.89% from its previous closing of Rs. 23.50 on the BSE.
The scrip opened at Rs. 24.65 and has touched a high and low of Rs. 24.65 and Rs. 24.65 respectively. So far 10,509 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 24.65 on 04-Oct-2012 and a 52 week low of Rs. 9.08 on 29-Feb-2012.
Last one week high and low of the scrip stood at Rs. 24.65 and Rs. 20.40 respectively. The current market cap of the company is Rs. 13 crore.
The promoters holding in the company stood at 61.30% while Non-Institutions held 38.70% respectively.
Eastern Treads, a member of Rs 600-crore Eastern group, is on the brink of a major expansion. It has started enforcing a set of well-thought-out strategies to power the company to bigger growth. The company is rapidly involved in the process of new product development and venturing into overseas markets.
The company aims to launch new line of value-added products catering to the requirements of airlines and defence, as part of this expansion. It has the latest technology to manufacture tyre retreading materials both in hot and cold processes.
| Company Name | CMP |
|---|---|
| Apcotex Inds | 519.75 |
| Pix Transmission | 1526.30 |
| GRP | 1899.00 |
| Harrisons Malayalam | 225.00 |
| Tinna Rubber & Infra | 834.50 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: