Western Carriers (India) opened at Rs 170.00 on the Bombay Stock Exchange (BSE), a slight drop of 2 points or 1.16% from its issue price of Rs 172.00.

Currently, the stock is trading at Rs 168.30, showing a decline of 3.7 points or 2.15% from its original issue price.

The stock has seen a high of Rs 177.00 and a low of Rs 164.05. To date, 12.25 lakh shares have been traded on the market.

The initial public offering (IPO), which was open for subscription from September 13 to September 18, 2024, was oversubscribed by around 30 times. The issue price was set at Rs 172.00 per share, at the upper limit of the price range of Rs 163-172.

Western Carriers (India) is a key player in the Indian logistics sector, offering services like multimodal transportation, warehousing, and other related services.