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East India Drums & Barrels shares price jumps after securing ₹4.6 Cr order from Indian Oil Corporation

East India Drums and Barrels Manufacturing Limited received a 12-month supply order from Indian Oil Corporation Limited for 1.0 mm MS Plain and Epoxy Coated Barrels valued at Rs. 4.59 crore.
East India Drums wins ₹4.6 Cr IndianOil order

Introduction

Leading manufacturer secures a 12-month contract from Indian Oil Corporation for supplying 1.0 mm MS Plain and Epoxy Coated Barrels to Silvassa, valued at Rs. 4.59 crore.

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Share price movement of East India Drums

On March 27, 2026, East India Drums and Barrels Manufacturing Ltd opened at ₹106.80, up 4.55% from its previous close of ₹102.10. The stock reached a high of ₹106.80 (4.55%) and a low of ₹103.00. By 3:31 PM, it traded at ₹104.15, a 2.01% increase, with a market cap of ₹153.87 crore.

East India Drums Bags IOC Order

East India Drums and Barrels Manufacturing Limited has received a Letter of Acceptance from Indian Oil Corporation Limited. The order is for the supply of 1.0 mm MS Plain and Epoxy Coated Barrels. Deliveries will be made to LBP Silvassa. The contract period is 12 months.

The total contract value is Rs. 4.59 crore. The order reflects Indian Oil’s trust in the company’s manufacturing and quality. It will add to the company’s operational performance.

Stock performance of East India Drums for period of 1 week, 6 months, and 1 year

East India Drums delivered a 1-week return of -6.76%, a 6-month return of -6.97%, and a 1-year return of 296%.

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Shareholding pattern of East India Drums

ParticularsDec 2025Sep 2025Jun 2025
Promoter94.80%94.80%94.80%
FII0.00%0.00%0.00%
DII0.00%0.00%0.00%
Public5.30%5.20%5.20%

About East India Drums

East India Drums & Barrels Manufacturing Ltd (BSE: 523874) manufactures plastic and steel barrels, drums, and fuel tanks, mainly for storage and transport of oils, chemicals, and lubricants.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is East India Drums & Barrels Manufacturing Ltd share price rising today?

A: East India Drums & Barrels Manufacturing Ltd received a Rs. 4.59 crore order from Indian Oil for MS Plain and Epoxy Coated Barrels.

Q: What is East India Drums & Barrels Manufacturing Ltd’s main business focus?

A: East India Drums & Barrels Manufacturing Ltd manufactures plastic and steel barrels, drums, and fuel tanks for oils, chemicals, and lubricants.

Q: What are the 52-week high and low of East India Drums & Barrels Manufacturing Ltd stock?

A: The 52-week high of East India Drums & Barrels Manufacturing Ltd is ₹148, and the low is ₹27.04.

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