Jupiter Wagons soars on bagging order worth Rs 956.87 crore
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Jupiter Wagons is currently trading at Rs. 385.90, up by 24.00 points or 6.63% from its previous closing of Rs. 361.90 on the BSE.
The scrip opened at Rs. 392.10 and has touched a high and low of Rs. 395.90 and Rs. 381.50 respectively. So far 48330 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 433.95 on 23-Jan-2024 and a 52 week low of Rs. 85.37 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 395.90 and Rs. 358.30 respectively. The current market cap of the company is Rs. 14920.91 crore.
The promoters holding in the company stood at 70.12%, while Institutions and Non-Institutions held 3.31% and 26.57% respectively.
Jupiter Wagons received order worth Rs 956.87 crore from Ministry of Railways (Railway Board). The order is for manufacture and supply of 2,237 numbers of BOSM Wagons. Earlier, the company had received significant contract from one of the leading automobile manufacturers for the manufacturing and supply of 4 rakes of Double Decker Automobile Carrier Wagons worth around Rs 100 crore.
Jupiter Wagons is a leading company providing complete mobility solutions with a rich legacy of over four decades.
