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Jupiter Wagons Ltd News

Jupiter Wagons 6% off lows on Lithium-Ion Phosphate battery breakthrough

The rise came after Jupiter Electric Mobility in pact with Log9 Materials, announced that it has achieved a major milestone in development & certification of their LFP battery technology

Jupiter Wagons 6% off lows on Lithium-Ion Phosphate battery breakthrough
Updated On : 20 Jun 2024 | 2:50 PM IST

Railway stocks rebound up to 22% on hopes of BJP leading NDA coalition

Railway stocks had corrected sharply on Tuesday after the results of 2024 Lok Sabha elections showed that the BJP had failed to cross the halfway mark of 272-seats

Railway stocks rebound up to 22% on hopes of BJP leading NDA coalition
Updated On : 05 Jun 2024 | 1:57 PM IST

Rail-related stocks in demand for second straight day; RailTel, RVNL lead

Shares of Indian railways related firms have gained up to 8% in the last two days on back of order wins, and sentiment booster from Indian minister talk.

Rail-related stocks in demand for second straight day; RailTel, RVNL lead
Updated On : 15 May 2024 | 1:41 PM IST

Nifty 500, MidCap indices outperform peers as 4th phase of elections end

The Nifty 500 index has gained 0.9 per cent and the MidCap 1.8 per cent in comparison to 0.5 per cent and 0.2 per cent addition in the BSE Sensex and Nifty benchmarks.

Nifty 500, MidCap indices outperform peers as 4th phase of elections end
Updated On : 14 May 2024 | 10:33 AM IST

This railway stock has surged 49% from March low; zoomed 312% in 1 year

Jupiter Wagons hit a record high of Rs 448, rallied 10% on the BSE in Thursday's intra-day trade after reported a solid performance with PAT jumped 156%t to Rs 104 crore in March quarter.

This railway stock has surged 49% from March low; zoomed 312% in 1 year
Updated On : 09 May 2024 | 10:45 AM IST

Jupiter Wagons rises 4% day after announcing Bonatrans India buyout

Jupiter Wagons has acquired Bonatrans India, manufacturer of rolling stock wheelsets, for a consideration of Rs 271 crore.

Jupiter Wagons rises 4% day after announcing Bonatrans India buyout
Updated On : 21 Mar 2024 | 1:16 PM IST

Jupiter Wagons secures manufacturing order worth Rs 957 crore from Railways

Jupiter Wagons on Wednesday said it has secured an order of about Rs 957 crore from the Railways for the manufacture and supply of 2,237 wagons. The offer letter has been received from the Ministry of Railways, the wagon manufacturer said in an exchange filing. "Ministry of Railways (Railway Board) vide its letter dated March 6 has placed an offer to the company for manufacture and supply of 2,237 numbers of BOSM wagons for a contract value of Rs 956,87,67,500," the company said. West Bengal-based Jupiter Wagons manufactures all types of railway wagons and accessories. The company also manufactures containers, commercial vehicle load bodies and commercial electric vehicles. Jupiter Wagons shares dropped by 4.21 per cent to settle at Rs 361.90.

Jupiter Wagons secures manufacturing order worth Rs 957 crore from Railways
Updated On : 06 Mar 2024 | 7:10 PM IST

Jupiter Wagons switching tracks: To expand rail supply chain beyond wagons

The company looks to capture the rolling stock replacement market, which it believes will supersede the original equipment manufacturing market in the future

Jupiter Wagons switching tracks: To expand rail supply chain beyond wagons
Updated On : 12 Feb 2024 | 9:26 PM IST

Jupiter Wagons Q3 results: Consolidated net profit rises 82% to Rs 81 crore

Jupiter Wagons Ltd on Tuesday reported a consolidated net profit of Rs 81.46 crore during the third quarter of the current fiscal, up by 82 per cent from Rs 44.59 crore in the corresponding period last year. The revenue from operation was Rs 895 crore during the October-December period of the 2023-24 financial year (FY'24) as compared to Rs 879 crore in the year-ago quarter, the company said in a regulatory filing. The wagon maker stated that its EBITDA margin expanded by 140 basis points. The order book stood at over Rs 7,000 crore, it said. The company closed a Qualified Institutional Placement (QIP) in December 2023, raising Rs 403 crore that provides the necessary fuel for ambitious growth plans, including setting up of a foundry, working capital requirements and backward integration through inorganic growth, the Kolkata-based mobility major said.

Jupiter Wagons Q3 results: Consolidated net profit rises 82% to Rs 81 crore
Updated On : 06 Feb 2024 | 8:34 PM IST

IRCTC, L&T, RVNL: How to trade rail, infra stocks ahead of Budget?

Barring IRFC, RVNL which have rallied sharply in the recent pasts, other rail-related stocks like IRCTC, Titagarh Rail Systems and RailTel could rally up to 23 per cent, suggest charts.

IRCTC, L&T, RVNL: How to trade rail, infra stocks ahead of Budget?
Updated On : 31 Jan 2024 | 12:41 PM IST

Abolish STT, sops for rural India: What markets expect from interim budget

Interim budget proposals are likely to have a hint of populism given the upcoming general elections, believe analysts, but unlikely to derail the government from its path of fiscal prudence.

Abolish STT, sops for rural India: What markets expect from interim budget
Updated On : 23 Jan 2024 | 10:18 AM IST