East West Freight Carriers Secures Rs.2.5 Cr Logistics Contract; Stock Jumps nearly 9.5%

 Summary:

East West Freight Carriers Limited (EWFCL) has signed a service contract with Hansgrohe India Pvt Ltd, a leading global manufacturer of premium bathroom fittings, kitchen taps, and sinks. The logistics support agreement is expected to generate revenue of Rs.2.5 Cr, strengthening EWFCL’s position in the logistics sector.

Stock Performance:
  • Stock surged 9.5% intraday, hitting a high of Rs.5.90.
  • Market Cap: Rs.73.61 Cr

Key Highlights:

✅ Company: East West Freight Carriers Ltd

✅ Client: Hansgrohe India Pvt Ltd

✅ Contract Value: Rs.2.5 Cr (approx.)

✅ Service: Logistics support

About the Company:

Incorporated in 1981, East West Holdings Ltd is engaged in logistics and allied activities.

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