Shares of Western Carriers (India) Ltd surged 9% on Friday, 31 January, after the company received an order from Hindustan Zinc for the shipment of finished goods worth Rs 170 crore.
The order covers the export and domestic transportation of zinc and lead ingots, as well as finished goods, from its smelting complexes at Chanderiya Lead Zinc Smelter, Zinc Smelter Debari, Dariba Smelting Complex (Rajasthan), and Pantnagar Metal Plant (Uttarakhand) to the ports of Mundra, Pipavav, and Mumbai for a period of four years. It also covers HZL’s depots and customer sites across India.
On 3 January, Vedanta ordered a four-year contract worth Rs 139 crore from the company to handle imports, domestic finished goods, and export materials at the Jharsuguda factory.
The firm operates 16 warehouses spread over 12 states, in addition to more than 55 important public rake-handling facilities across India.
The share hit a 52-week high of Rs 177.00 on 24 September 2024 and a 52-week low of Rs 99.50 on 28 January 2025.
At 2:12 pm, the shares of Western Carriers were trading 6.67% higher at Rs 108.40 on NSE.
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