On technical parameters, the share of East West Holdings is buying and selling greater than the 5-day, 20-day, 50-day, 100-day and 200-day shifting averages.

Inventory Market Information: Shares of East West Holdings surged round 5 per cent to hit the higher circuit amid a spurt in quantity by greater than 9.65 occasions on Monday i.e. January 8, 2023. The counter, which has outperformed the sector by 4.64 per cent, hit the higher circuit as quickly because the market opened for buying and selling.

The inventory has been gaining for the final three days and has risen 10.58 per cent in returns within the interval. That is the second consecutive session when the counter has hit the higher circuit.

On technical parameters, the share of East West Holdings is buying and selling greater than the 5-day, 20-day, 50-day, 100-day and 200-day shifting averages.

East West Holdings Restricted gives logistical companies. Included within the yr 1981, it’s a main logistics resolution supplier. On the shut, the inventory was up round 19.66 per cent at Rs 6.94. The whole traded amount stood at 16.75 lakh.

The corporate has a major holding of Overseas Institutional Buyers (FIIs). As of the September quarter of monetary yr 2023-24, FIIs have a 6.78 per cent stake. The promoters of the corporate collectively personal 61.28 per cent stake within the firm. The non-institutional traders (NIIs) have 31.94 per cent of the stake.

The corporate supplies professionally managed one-stop world logistics options with reliability to take care of and improve companies at reasonable prices. The corporate gives air freight companies, sea freight companies, rail freight companies, highway freight companies and customs clearance.

Disclaimer: The article is for informational functions solely and never funding recommendation.