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Western Carriers Share Price Surges Over 5% on ₹558 Crore Contract from Jindal Stainless

Written by: Team Angel OneUpdated on: 26 Jun 2025, 7:35 pm IST
Western Carriers (India) share price surges over 5% on ₹558 crore, a 3-year logistics contract from Jindal Stainless for nationwide dispatch operations in DSO containers.
Western Carriers Share Price Surges Over 5% on ₹558 Crore Contract from Jindal Stainless
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Western Carries (India) secured a 3-year logistic contract worth ₹558 crore from Jindal Stainless Limited. It involves the dispatch of industrial goods across India using DSO containers.

Jindal Stainless Logistic Contract Details  

The contract covers the pan-India transportation of slabs, coils, and sheet plates via DSO containers. 

WCIL will manage dispatch operations for Jindal Stainless across multiple destinations, highlighting its capability to handle large-scale, mission-critical logistics assignments within the metals and manufacturing sector.

Reinforcement of Long-standing Business Ties

This engagement further deepens WCIL’s long-term relationship with Jindal Stainless. It serves as recognition of WCIL’s consistent track record in providing reliable logistics solutions, tailored to complex industrial demands. The project not only enhances WCIL’s order book but also affirms its role as a dependable partner for large Indian enterprises.

Read More: JSW Energy to Bid for Raigarh Champa Rail Infra After NCLAT Approves Fresh Bidding!

Statements from Leadership and Strategic Significance

In an exchange filing, Rajendra Sethia, Chairman and Managing Director of WCIL, said, “This is a prestigious mandate that reinforces our capabilities in managing large-scale, mission-critical logistics operations across India. We remain committed to delivering efficient and quality services to support the domestic industrial ecosystem.” 

About Western Carriers (India) Limited

Established in 1972 and incorporated in 2013, WCIL operates as a 4PL, asset-light logistics provider with a strong rail-centric model. The company delivers integrated 3PL and 4PL logistics services using a multi-modal network involving rail, road, air, and water transport. 

WCIL also offers value-added services to meet end-to-end supply chain requirements. With 5 decades of industry experience, the company is well-positioned to handle complex and large-volume logistics projects for Indian industry leaders.

Western Carriers India Share Price Performance

On June 26, 2025, Western Carriers India Share price is trading at ₹116.49 as of 12:33 PM, a 5.28% increase.

Over the past week, it has moved up by 8.70%, over the past month, it has moved up by 16.36%, and over the past 3 months, it has moved up by 48.32%.

Conclusion

Western Carriers’ successful bid for a ₹558 crore logistics contract from Jindal Stainless cements its position as a premier logistics partner in India. With this new project, WCIL continues its legacy of operational excellence and strengthens its foothold in the industrial logistics segment.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Jun 26, 2025, 2:05 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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