Archive · 5 Aug 2025
North Eastern Carrying Corporation Shares Surge on New Tata Steel Contract
A small company called North Eastern Carrying Corporation saw its stock price go up.
This is because they got a new job from Tata Steel to move steel products.
The job will last five years and involves using electric vehicles to deliver the steel.
The company will also announce how well it did financially in the last three months on August 7.
North Eastern Carrying Corporation's share price increased after securing a contract.
The company received a work contract from Tata Steel Limited.
The contract is for transporting steel products for five years.
Transportation will be done from TSL Khopoli to various destinations.
The company's board will meet on August 7 to approve quarterly results.
- Who
- North Eastern Carrying Corporation and Tata Steel Limited.
- What
- North Eastern Carrying Corporation received a work contract from Tata Steel Limited.
- When
- The contract was announced on Monday.
- Where
- TSL Khopoli to Kalamboli, Panvel, Taloja and other destinations in India
- Why
- To transport steel products.
- Company
- North Eastern Carrying Corporation
- Contractor
- Tata Steel Limited
- Contract Details
- Transportation of steel products
- Duration
- 5 Years
- Stock Price Movement
- Increased over 1%
Sources
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Titagarh Rail Systems bags Rs 1,600-crore contract to supply 108 coaches to Mumbai Metro
Titagarh Rail Systems bags ₹1,600-crore contract to supply 108 coaches to Mumbai Metro
Titagarh Rail Systems Bags ₹1,600-Crore Contract To Supply 108 Coaches To Mumbai Metro
