Paradeep Parivahan shines on securing landmark 10-year contract with JSW Group
Paradeep Parivahan is currently trading at Rs. 304.00, up by 6.00 points or 2.01% from its previous closing of Rs. 298.00 on the BSE.
The scrip opened at Rs. 304.00 and has touched a high and low of Rs. 304.00 and Rs. 304.00 respectively. So far 2400 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 340.10 on 12-Oct-2026 and a 52 week low of Rs. 129.55 on 22-Apr-2026.
Last one week high and low of the scrip stood at Rs. 310.00 and Rs. 275.00 respectively. The current market cap of the company is Rs. 483.91 crore.
The promoters holding in the company stood at 65.96%, while Institutions and Non-Institutions held 6.56% and 27.48% respectively.
Paradeep Parivahan has secured a landmark 10-year contract with the JSW Group to deploy and operate 100 electric trucks for bulk transportation between Nandyal, Andhra Pradesh, and Vijayanagar, Karnataka. The contract represents a significant step in the company’s long-term growth strategy, reinforcing its commitment to building a scalable, technology-enabled and sustainable logistics business while expanding its presence in large-scale industrial transportation.
The deployment will cover an around 330-km one-way corridor for the transportation of clinker and slag, with an estimated cargo volume of 1.25 lakh metric tonnes per month. The electric trucks will be supplied by JSW Greentech. With this and other orders, the company’s total transportation fleet is expected to increase approximately threefold compared with the previous year. The addition of 100 electric trucks will further strengthen the company’s capabilities in dedicated fleet operations, bulk cargo transportation and technology-enabled logistics management.
The 10-year engagement further strengthens the company’s position in sustainable industrial transportation and expands its capabilities in electric fleet operations, logistics management and technology enabled freight movement. The proposed deployment is intended to rank among One of India’s largest electric-truck deployments dedicated to inter-state clinker and slag transportation on a single industrial corridor.
