Western Carriers (India) Ltd. on Thursday bagged a work order worth Rs 230 crore from Jindal Stainless Ltd.
The contract is "for end to end EXIM agreement for rail transportation of EXIM containers from various ports to JSLS siding, custom clearance at Jajpur plant return of empty/ export laden containers, last mile delivery of empty containers to the nominated CFS/yard of the shipping lines and related activities", the company said in an exchange filing.
The time period of the contract stretches to three years, according to the filing.
On June 25, the company secured a Rs 558-crore contract from Jindal Stainless, valid for three years. The project involved the dispatch of slabs, coils, and sheet plates in DSO Containers to multiple destinations across India.
Shares of Western Carriers (India) on Thursday closed 3.42% higher at Rs 114.43 apiece on the National Stock Exchange, compared to a 1.21% rise in the benchmark Nifty. The stock has fallen 28.23% in the last 12 months but risen 0.33% on a year-to-date basis.
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