Back-to-Back Orders Received: Small-cap Railway Company Secures Another Rs 230 Crore Contract from Jindal Stainless to Strengthen EXIM Logistics Operations
The stock has a 52-week high of Rs 166.3 and a low of Rs 71.04.
Western Carriers (India) Limited (WCIL) has secured a significant logistics contract valued at approximately Rs 230 crore from Jindal Stainless Limited (JSL). The three-year deal involves providing integrated EXIM logistics solutions, including rail transportation of containers from various ports to JSL’s manufacturing plant, customs clearance, and last-mile delivery. This strategic collaboration highlights WCIL’s capabilities in handling complex supply chains and reinforces its position in India’s industrial logistics sector.
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Commenting on the development, Mr. Rajendra Sethia, Chairman & Managing Director, Western Carriers (India) Limited said, “Securing this prestigious contract from Jindal Stainless Limited is a strong endorsement of WCIL’s proven execution capabilities and trusted partnership. These back-to-back significant orders not only highlight our operational excellence but also reaffirm our strategic position as a preferred end-to-end logistics partner for India’s leading industrial houses. Managing JSL’s vast and complex supply chain seamlessly further reflects our ability to handle mission-critical operations with precision. We are confident that such milestones will further accelerate our growth trajectory as we continue delivering integrated, scalable, and future-ready logistics solutions across the country and beyond.”
As of June 26, 2025, the share price of WCIL stands at Rs 114.45. The stock has touched a 52-week high of Rs 166.3 and a 52-week low of Rs 71.04. With a market capitalization of Rs 1,129 crore and a price-to-earnings (PE) ratio of 17.33, WCIL remains a key player in the logistics space. Investors have closely followed its recent developments, especially given its past performance, which includes securing orders from companies like Bharat Aluminium Company Limited and Shriram Alkali & Chemicals.
Established in 1972, Western Carriers is a prominent multi-modal, rail-focused, 4PL asset-light logistics company. Its services span 3PL and 4PL supply chain solutions, warehousing, and transport by road, rail, air, and water. Operating with over 50 branches and 16 leased warehouses, WCIL provides comprehensive logistics solutions to a diverse client base, including major industrial houses like Hindalco, Tata, and Vedanta. Its infrastructure includes more than 500 GPS-enabled trucks and over 850 shipping containers, ensuring end-to-end delivery capabilities. In FY25, the company’s sectoral revenue was dominated by metals (55 per cent), followed by FMCG (19 per cent), indicating its strong presence in key industrial sectors.
This contract is expected to contribute significantly to WCIL’s growth trajectory and reinforce its market presence in the integrated logistics segment.
Disclaimer: The article is for informational purposes only and not investment advice.