Mumbai, October 29 (Udaipur Kiran): Shares of East India Drums and Barrels Manufacturing hit the upper circuit limit of ₹106.55, rising 4.98%, after the company announced the successful execution of a contract with Hindustan Petroleum Corporation Limited (HPCL) for the supply of steel drums.
The stock opened and remained locked at ₹106.55 throughout the session, marking an increase of ₹5.05 from its previous close of ₹101.50 on the BSE. A total of 115 shares were traded on the counter.
The BSE Group ‘XT’ stock, with a face value of ₹10, has recorded a 52-week high of ₹148.00 (August 25, 2025) and a 52-week low of ₹6.32 (November 4, 2024). The company’s market capitalization currently stands at ₹157.42 crore. Promoters hold 94.76%, while non-institutional investors own 5.24%.
Under the contract, the company will supply steel drums to Hindustan Petroleum Corporation’s Petroleum House in Dadra and Nagar Haveli.
The company stated that the deal reinforces its long-standing relationship with HPCL and underscores its manufacturing excellence, commitment to quality, and role in supporting India’s energy infrastructure and industrial supply chain.
East India Drums and Barrels Manufacturing is engaged in the production and supply of drums and barrels, serving as a comprehensive solutions provider for both domestic and international clients.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
