East India Drums & Barrels Manufacturing Ltd (EASTINDIA) is currently trading at 102.90 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

East India Drums & Barrels Manufacturing Limited focuses on the production of steel barrels and drums used for storage and transportation of oils, solvents, and chemicals. The company has United Nations approval for packing hazardous materials, showcasing its compliance with international safety standards. In 2023, Precision Containeurs Ltd merged with East India Drums & Barrels, highlighting a strategic move to consolidate operations. Previously declared a Sick Industrial Unit by BIFR, the company filed a Rehabilitation Scheme which has been approved by NCLT. Amalgamation with Precision Containeurs led to the issuance of over 150 million shares, aiding in financial restructuring.

Over the past 52 weeks, East India Drums & Barrels Manufacturing Ltd has traded between a low of ₹23.38 and a high of ₹148.00. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

East India Drums & Barrels Manufacturing Ltd has a market capitalization of approximately 160.00. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

East India Drums & Barrels Manufacturing Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 31.66 and operates in the Packaging sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 160.00 Cr, East India Drums & Barrels Manufacturing Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

East India Drums & Barrels Manufacturing Ltd operates in the Packaging sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of East India Drums & Barrels Manufacturing Ltd is 31.66. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.