East India Drums and Barrels Secures Contract with Bharat Petroleum Corporation Limited
East India Drums and Barrels Manufacturing Ltd has secured a contract for supplying metallic drums and barrels to Bharat Petroleum Corporation Limited (BPCL) at the Mumbai Refinery in Mahul.The company announced that it received a Letter of Acceptance (LOA) from BPCL, located at Petroleum House, for the supply of these metallic drums/barrels. The aggregate value of the contract awarded is Rs. 1,06,00,000 (Rupees One Crore Six Lakh only).
This supply agreement is slated for fulfillment at the BPCL facility in Mumbai Refinery, Mahul, India.
The acquisition of this order is noted as further strengthening the company's long-standing relationship with Bharat Petroleum Corporation Limited. The contract underscores the company's manufacturing capabilities, adherence to quality standards, and ongoing commitment to supporting India's energy infrastructure and industrial requirements.
Stock Price Movement
East India Drums and Barrels Manufacturing Ltd shares are currently trading between ₹97.26 and ₹106.25. The stock is presently at ₹104.30, showing a notable increase of ₹1.93 during the live market session.Source:
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