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BUZZ-India's Western Carriers gains on order win

Reuters·01/31/2025 04:43:33
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BUZZ-India's Western Carriers gains on order win

** Shares of Western Carriers (India) WESE.NS rise 7.3% to 108.7 rupees, their biggest one-day pct gain in about a month

** Logistics co wins order worth 1.7 billion rupees ($19.62 million) from Hindustan Zinc HZNC.NS to transport its finished goods, zinc and lead ingots

** Order includes both domestic and export movement, and runs for a four-year period

** More than 600,000 shares traded, 1.5x the 30-day avg

** Stock has dropped 36% since debut in September 2024



($1 = 86.6600 Indian rupees)


(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))