Australia's Weststar Industrial rises after unit secures $13.8 million contract

Weststar Industrial

27/01/2026 02:27

** Shares of Weststar Industrial WSI.AX rise 6.1% to A$0.087, marking their biggest intraday pct gain since January 9

** Industrial services firm says its unit SIMPEC has been awarded new contract worth around A$20 million ($13.84 million)

** Contract for delivery of structural, mechanical and other works at the McArthur River Mine in the Northern Territory

** About 255,530 shares change hands, vs the 30-day average of 137,024

** Stock up 10.1% YTD

($1 = 1.4453 Australian dollars)

 (Reporting by Sneha Kumar in Bengaluru)

 ((Sneha.kumar@thomsonreuters.com;))