Archive · 5 Jun 2025
Western Carriers Secures ₹28 Crore Order from Jindal Stainless
Western Carriers, a company that moves things, got a new job.
They will be paid about 28 crore rupees to move containers around a factory owned by Jindal Stainless.
This job will take about two years to complete.
Previously, the company got a much bigger job from Vedanta Ltd.
for moving materials.
This new contract is a part of Western Carriers' business, which began with a stock market debut in September.
Shares are now trading higher than the IPO listing price, although the initial market listing was a little disappointing.
Western Carriers secured a work order worth ₹27.73 crore from Jindal Stainless Ltd.
The contract involves hiring trailers for container movement.
The work will take place inside the Jindal Stainless Ltd. plant in Jaipur.
The contract duration is set for two years.
Western Carriers made its stock market debut on September 24, 2024.
- Who
- Western Carriers (India) Ltd. and Jindal Stainless Ltd.
- What
- Western Carriers (India) Ltd. secured a work order for ₹27.73 crore.
- When
- The work order was announced on June 4th.
- Where
- The work will be done within the Jindal Stainless Ltd. plant in Jaipur.
- Why
- To facilitate container movement within the Jindal Stainless Ltd. plant.
- Order Value
- ₹27.73 crore
- Client
- Jindal Stainless Ltd.
- Location of Work
- Jaipur
- Contract Duration
- Two years
- Stock Market Debut Date
- September 24, 2024
- Initial Listing Price
- ₹171
- Current Trading Price
- ₹112.59