Announced Thu, 15 May · 13:33 IST

Western Carriers (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts

Business Updates View source PDF

WCIL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Western Carriers (India) Limited has received a work order from Bharat Aluminium Company Limited (BALCO) for a Consolidated Finished Goods Material Handling Contract. The scope covers material handling, loading and unloading, stacking, and transportation with shifting. The contract is valued at approximately Rs. 70 crores (inclusive of taxes) and has a execution period of 36 months. The order has been awarded by a domestic entity, and there is no related party interest involved. The announcement was made under SEBI Listing Regulations, Regulation 30.

Likely market impact

This is a positive development as the company has secured a sizeable multi-year contract worth Rs. 70 crores from a reputed domestic client (BALCO/Vedanta group), providing revenue visibility over the next three years and strengthening its order book.