Western Carriers India Ltd.'s share price surged over 5% on Friday after the company bagged two orders from Jindal Stainless Ltd. The company received a Rs 230-crore order on Thursday and a Rs 558 crore order on Wednesday. Its share price had surged over 11% on Thursday after the order win from Jindal Stainless.
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", according to an exchange filing.
The time period of the contract stretches to three years, the filing said.
Western Carriers Share Price Today
Shares of Western Carriers surged over 5.75% to Rs 121.01 after market open, before cooling off to trade 3.06% higher at Rs 117.93 as of 10:00 a.m. The benchmark NSE Nifty 50 was trading 0.02% higher. On June 25, the scrip rose as much as 11.16% to Rs 123 apiece, the highest level since Jan. 6, 2025.
The stock has risen 3.67% on a year-to-date basis. Total traded volume so far in the day stood at 1.77 times its 30-day average. The relative strength index was at 54.43.
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