Jupiter Wagons rises as its arm gets ARAI approval from Automotive Research Association of India
Jupiter Wagons is currently trading at Rs. 574.65, up by 8.30 points or 1.47% from its previous closing of Rs. 566.35 on the BSE.
The scrip opened at Rs. 571.00 and has touched a high and low of Rs. 594.00 and Rs. 568.00 respectively. So far 289258 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 594.00 on 30-May-2024 and a 52 week low of Rs. 125.10 on 30-May-2023.
Last one week high and low of the scrip stood at Rs. 594.00 and Rs. 517.00 respectively. The current market cap of the company is Rs. 23892.42 crore.
The promoters holding in the company stood at 70.12%, while Institutions and Non-Institutions held 4.20% and 25.68% respectively.
Jupiter Wagons’ subsidiary -- Jupiter Electric Mobility (JEM) has received ARAI approval from the Automotive Research Association of India, for compliance to the Central Motor Vehicles Rules. With this, JEM is now equipped to start the commercial production of Battery Operated Light Commercial Vehicles with pay load of 1 ton under Brand Name JEM TEZ.
Jupiter Wagons is a leading company providing complete mobility solutions with a rich legacy of over four decades.
