Western Carriers soars on bagging work order worth Rs 8 crore
Western Carriers is currently trading at Rs. 112.55, up by 1.95 points or 1.76% from its previous closing of Rs. 110.60 on the BSE.
The scrip opened at Rs. 112.95 and has touched a high and low of Rs. 114.80 and Rs. 111.85 respectively. So far 25417 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 177.00 on 24-Sep-2024 and a 52 week low of Rs. 110.00 on 24-Dec-2024.
Last one week high and low of the scrip stood at Rs. 118.95 and Rs. 110.00 respectively. The current market cap of the company is Rs. 1140.37 crore.
The promoters holding in the company stood at 71.89%, while Institutions and Non-Institutions held 13.36% and 14.75% respectively.
Western Carriers (India) has received work order from TATA International for Container rake movement. Broad consideration or size of the order is around Rs 8 crore. The order is to be executed in one year.
Earlier, the company had been selected as the sole supply chain partner for in-plant logistics & container rake transportation for Tata Steel Sponge Iron Joda (TSSIJ) plant in Joda, Odisha.
Western Carriers (India) is a player in the Indian logistics industry and engaged in providing single, multimodal and other transportation services, warehousing and other ancilliary services.