Jupiter Wagons’ subsidiary -- Jupiter Tatravagonka Railwheel Factory has been awarded a contract worth Rs 255 crore from Braithwait & Co. for the supply of 9,140 wheelsets of 840 mm diameter for 25-ton axle load applications. With this latest win, the company’s total order book now stands at Rs 560 crore.
Also, the company is setting up a world-class production facility in Odisha, which will increase its capacity from the current 20,000 forged wheels and axles annually to an impressive 1,00,000 forged wheelsets per year. The expansion is backed by a Rs 2,500 crore investment, aligning with India's vision to bolster domestic manufacturing and reduce reliance on imports.
The project is progressing as per the planned timeline, with the commercial operation date (COD) for axle production expected by December 2026, while the complete wheel and axle production unit is targeted for completion by December 2027.
Jupiter Wagons is a leading company providing complete mobility solutions with a rich legacy of over four decades.
| Company Name | CMP |
|---|---|
| Texmaco Rail & Eng. | 102.70 |
| Jupiter Wagons | 279.05 |
| Titagarh Railsystems | 726.60 |
| Jessop & Co | |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: