East India Drums and Barrels Secures Rs 2,98,77,397 Order from Indo Tibetan Border Police
East India Drums and Barrels Manufacturing Limited has received a Letter of Acceptance (LOA) from the Indo Tibetan Border Police (ITBP) for the supply of industrial packaging materials, solidifying its presence in India's defense and energy sectors.The company, which was formerly known as Precision Containeurs Limited, announced the receipt of the order for Steel Drums/Barrels. The total value of the contract amounts to Rs. 2,98,77,397/- (Rupees Two Crore Ninety Eight Lakh Seventy Seven Thousand Three Hundred Ninety Seven Only).
According to the company, these barrels are slated for supply to Guwahati.
The acquisition of this order marks a significant milestone in the association between East India Drums and Barrels and the Indo Tibetan Border Police. The company stated that the contract reaffirms its capability to deliver high-quality industrial packaging solutions required by India's energy and defense sectors.
Stock Price Movement
As of 12:40, East India Drums and Barrels Manufacturing Ltd shares are slipping, trading at ₹106.99, marking a decline of -0.05%. The stock has seen wide movement today, ranging between a low of ₹104.00 and a high of ₹110.94.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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