Announced Sat, 19 Sept, 2026 · 13:24 IST
East India Drums wins Rs 59 Cr order from HPCL for bitumen drums
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹95.00
prior close
₹95.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+0.8-1.0-0.8+0.5-0.0-0.1+0.8+0.0+1.0————
Up moveDown movePending
AI summary
East India Drums and Barrels Manufacturing has secured a contract worth Rs 59.02 crore from Hindustan Petroleum Corporation Ltd, a Central PSU under the Ministry of Petroleum and Natural Gas. The order, placed via Government e-Marketplace (GeM), is for supply of Bitumen Drums as per IS3575 standard, to be executed over 2 years. It is a domestic order in the ordinary course of business, with no related party interest involved.
Likely market impact
Multi-year revenue visibility from a government PSU. Positive for order book; impact depends on share of company annual revenue.