Weststar Industrial (ASX:WSI) experienced an increase in shares by up to 7.7% to A$0.21, indicating its largest intraday percentage gain since March 1.

The company’s stock heightened to its highest degree since August 4.

The industrial services company announced that its subsidiary, SIMPEC, has been awarded a contract worth A$105 million contract with Cockburn Cement.

This contract pertains to the Kwinana Plant Upgrade Project situated in Western Australia.

The contract work, already initiated on site, is expected to be completed by the second quarter of 2024, according to the company.

The stock, as of its last close, is up by 7.7% this year.

Weststar Industrial is a company that provides industrial services.