Eaagads joins NSE decliners: what it means for Eaagads stock

Published on 10/14/2026 at 03:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Eaagads manages 205 hectares of coffee land. For Eaagads stock, market value is KES 931.0 million and range KES 16.50 to KES 37.00.

Decline and coffee assets

Business.co.ke reported a 3.60 percent Eaagads decline to KES 28.10 in the October 9 market wrap.
Eaagads owns 205 hectares of coffee land in Kiambu County.
The company had a KES 931.0 million market value and a KES 16.50 to KES 37.00 52-week range on October 7.

EGAD, KE0000000208, Illustration mit AI erstellt.

On October 11, Business.co.ke reported that Eaagads had fallen 3.60 percent to KES 28.10 in the Nairobi Securities Exchange market wrap for October 9. The report placed the coffee grower among the market decliners and gives the stock a dated trading reference for the latest covered session.

The decline meets a small-cap profile

For investors assessing the move, the company size matters. A Kenyan market snapshot dated October 7 put Eaagads' market value at KES 931.0 million, with 32,157,000 shares issued and a KES 16.50 to KES 37.00 52-week range.

The October 9 level was KES 28.10, which placed the stock 24.05 percent below the reported 52-week high of KES 37.00. That comparison frames the decline as a move within a broad yearly range rather than a test of the lower boundary.

What the coffee assets mean

Eaagads says it owns 205 hectares of agricultural land in Kiambu County, where it grows Arabica coffee. The company lists annual production at 350 tonnes and describes its operating model as coffee growing and bulk coffee sales.

The company was established in 1946 and was admitted to the Nairobi Stock Exchange in 2001, according to its corporate profile. That history connects the current market move with a focused agricultural business rather than a diversified industrial group.

Historical listing, current market context

The last quoted Eaagads level covered by the available market report was KES 28.10 on the Nairobi Securities Exchange on October 9. The dated price, market value and 52-week range leave the key investor question centered on whether coffee operations can support a recovery toward the upper part of the range.