India's Western Carriers flies after order win

Western Carriers (India)

26/06/2025 07:01

** Shares of Western Carriers (India) Ltd WESE.NS rise as much as 11.2% to 123 rupees
** Logistics co secures 5.58 bln rupee ($65 mln) logistics contract from Jindal Stainless Ltd JIST.NS
** Adds, three-year contract involves dispatch of slabs, coils, and sheet plates pan-India
** Stock on track to gain for fifth straight day
** More than 5 mln shares traded as of 11:19 a.m. IST, 5.4x their 30-day moving avg
** WESE last up 6.6%, cutting YTD losses to 3%

($1 = 85.7970 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

((meenakshi.maidas@thomsonreuters.com;))