Eastern Treads Ltd (EASTRED) is currently trading at 29.41 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.

Eastern Treads Ltd is primarily engaged in manufacturing tread rubber, adhesives, and providing tyre retreading services. The company expanded its brand presence by establishing model retreading centers in Bengaluru and Chennai for product demonstrations, enhancing brand image. In 2019-20, the company acquired Shipnext Solutions Private Limited, marking its entry into logistics technology, showcasing ambition to diversify and strengthen its business. In 2022-23, Eastern Treads initiated comprehensive tyre management services, collaborating with fleets to minimize exposure to cost fluctuations, indicating strategic evolution beyond manufacturing. The company's extensive nationwide branch network underlines its strong distribution capabilities and commitment to market penetration across India.

Over the past 52 weeks, Eastern Treads Ltd has traded between a low of ₹23.20 and a high of ₹35.99. 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.

Eastern Treads Ltd has a market capitalization of approximately 15.24. 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.

Eastern Treads Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of -1.53 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 15.24 Cr, Eastern Treads 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.

Eastern Treads Ltd operates in the its sector 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 Eastern Treads Ltd is -1.53. 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.