Overview

• Western Carriers received a Rs558 crore order from Jindal Stainless on June 25 to dispatch slabs, coils and sheet plates in DSO containers over three years.
• It secured a second Rs230 crore contract on June 27 for an end-to-end EXIM rail transportation agreement covering container movements from ports to the Jajpur plant.
• The dual wins strengthen the companies’ long-standing partnership and showcase Western Carriers’ asset-light, rail-focused 4PL logistics model.
• Market confidence lifted the stock by as much as 11.16% after the first deal and over 5% following the second, marking the highest share price since January 6, 2025.
• The agreements underline the company’s capacity to handle large-scale, mission-critical logistics operations in India’s metals sector.