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Jupiter Wagons jumps on getting LoA worth Rs 1,617 crore
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Jupiter Wagons is currently trading at Rs. 336.20, up by 7.05 points or 2.14% from its previous closing of Rs. 329.15 on the BSE.
The scrip opened at Rs. 339.75 and has touched a high and low of Rs. 344.00 and Rs. 330.50 respectively. So far 305293 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 412.50 on 06-Sep-2023 and a 52 week low of Rs. 82.65 on 26-Dec-2022.
Last one week high and low of the scrip stood at Rs. 344.00 and Rs. 308.95 respectively. The current market cap of the company is Rs. 13886.05 crore.
The promoters holding in the company stood at 72.37%, while Institutions and Non-Institutions held 1.86% and 25.76% respectively.
Jupiter Wagons has received Letter of Acceptance (LoA) from Ministry of Railways (Railway Board) for manufacture and supply of 4,000 numbers of BOXNS Wagons for a contract value of Rs 1,617 crore. The company has received LoA on December 14, 2023.
Jupiter Wagons is a leading company providing complete mobility solutions with a rich legacy of over four decades.
