Jupiter Wagons zooms after its arm secures LoA worth Rs 113 crore
Jupiter Wagons is currently trading at Rs 335.80, up by 16.60 points or 5.20% from its previous closing of Rs 319.20 on the BSE.
The scrip opened at Rs 332.85 and has touched a high and low of Rs 345.00 and Rs 332.45 respectively. So far 1551819 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52-week high of Rs 588.00 on 12-Dec-2024 and a 52-week low of Rs 270.20 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs 345.00 and Rs 315.40 respectively. The current market cap of the company is Rs 14335.30 crore.
The promoters holding in the company stood at 68.11%, while Institutions and Non-Institutions held 5.84% and 26.06% respectively.
Jupiter Wagons’ material subsidiary -- Jupiter Tatravagonka Railwheel Factory has received a Letter of Acceptance (LoA) from Ministry of Railways, Railway Board. This LOA pertains to the supply of total 9,000 LHB Axles for FIAT-IR Bogies, with an aggregate order value of around Rs 113 crore.
Jupiter Wagons is engaged in the business of manufacturing vehicle bodies for the commercial vehicles industry for Original Equipment Manufacturers (OEMs) engaged in the production of Fully Built Vehicles (FBVs).
