Western Carriers share price surges 12%

Western Carriers (India), a recent entrant to the Indian stock market, saw its share price jump 12% in early morning trade on Thursday, June 26, reaching a 5-month high of ₹123 apiece following an order win from Jindal Stainless Limited. In a stock exchange filing on Wednesday, the company informed investors that it had secured a work order valued at approximately ₹558 crore for the dispatch of slabs, coils, and sheet plates in DSO containers to multiple destinations across India. The contract, awarded by Jindal Stainless Limited (JSL), will be executed over a period of three years.