Investor Zone
Overview
Eastern Treads Limited had a turnover of 235 Millionsin 2006-07and a net profit of 4.72 Millions. In 2010-11 the company registered anall-round growth with a turnover of 652.07Millions and a net profit of 12.79Millions.
Over the years, the Company has developed a vast marketing network with dealers and depots across the country making their products available in every corner. Now Eastern Treads is focusing on promotional activities, to reach to the individual and also to fleet customers, through initiatives like fleet owners meet and advertising campaigns.
The Bombay Stock Exchange has revoked the suspension in trading of equity shares of the Company with effect from 30 March 2009. Now the shareholders can take the advantage of trading in the securities through the Stock Exchanges as the equity shares are presently listed on the Bombay Stock Exchange, with scrip code 531346.
The facility for demoting the shares are made available with both the depositories in India, National Securities Depository Ltd. (NSDL) and Central Depository Services (India) Ltd. (CDSL) with the ISIN: INE500D01015 to give a choice to shareholders in selecting depository participant.