News > Western Carriers shares jump 13% post ₹139 crore material handling contract

Western Carriers shares jump 13% post ₹139 crore material handling contract

The contract involves handling of import, finished goods (FG) domestic, and export materials. This agreement will span four years. Vedanta, a prominent domestic entity, has awarded this contract without any involvement from related party transactions or the promoter group of Western Carriers. Opening nearly flat ₹115.35 apiece on the BSE, shares of Western Carriers rose 13.5% to an intra-day high of ₹131 apiece following the announcement.