Introduction:
Leading railway wheelset manufacturer has secured a ₹255 crore order from Braithwait & Co. for supplying 9,140 high-performance wheelsets. This strengthens its market position and supports India’s self-reliance in railway infrastructure with enhanced domestic manufacturing and expanded production capacity.
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Share price movement of Jupiter Wagons:
On February 27, 2025, Jupiter Wagons Ltd opened at ₹310.05, up 0.80% from its previous close of ₹307.60. The stock reached a high of ₹312.70 (1.66%) and a low of ₹300.75. By 10:05 AM, it traded at ₹301.20 with a market cap of ₹12,785.88 crore.
Jupiter Secures ₹255 Cr Railwheel Order:
Jupiter Tatravagonka Railwheel Factory Pvt. Ltd., a key subsidiary of Jupiter Wagons Limited, has secured a ₹255 crore contract from Braithwait & Co. to supply 9,140 high-performance wheelsets. This order strengthens Jupiter’s position as a leading domestic manufacturer in India’s railway sector.
With this latest order, Jupiter’s total order book has surged to ₹560 crore, reflecting its growing influence. The company is targeting ₹600 crore in revenue from its wheel business in FY26, driven by expanding capacity, robust order inflows, and enhanced domestic manufacturing capabilities.
To support this growth, Jupiter is investing ₹2,500 crore in a state-of-the-art facility in Odisha. The plant will boost production capacity from 20,000 to 1,00,000 wheelsets annually. The project is on track, with full operations expected by December 2027.
Recent news on Jupiter Wagons:
As of February 13, 2025, Jupiter Wagons Ltd secured a ₹600 crore order from Ambuja Cements and ACC for BCFCM rakes. This boosts its order book to ₹7,000 crore, reinforcing its leadership in railway wagon manufacturing and freight solutions.
Stock performance of Jupiter Wagons for Period of 1 week, 6 months and 1 year:
Jupiter Wagons Ltd has witnessed a decline in its stock performance, with a 3.25% drop over the past week. The stock has fallen 46.5% in six months and 13.4% over the past year, reflecting market challenges.
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Shareholding pattern of Jupiter Wagons:
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 68.10% | 68.10% | 70.10% |
| FII | 3.40% | 3.50% | 4% |
| DII | 2% | 2% | 1% |
| Public | 26.70% | 26.40% | 24.80% |
About Jupiter Wagons:
Jupiter Wagons Ltd. (NSE: JWL) is a leading mobility solutions provider, manufacturing freight wagons, locomotives, commercial vehicles, and rail components. With global partnerships and strong financials, it serves industries like railways, defense, logistics, and infrastructure across multiple manufacturing locations.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
