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Jupiter Wagons zooms on securing Rs 1,140 crore order from Ministry of Railways

29 Oct 2026 Evaluate

Jupiter Wagons is currently trading at Rs. 192.40, up by 11.00 points or 6.06% from its previous closing of Rs. 181.40 on the BSE. 

The scrip opened at Rs. 185.55 and has touched a high and low of Rs. 198.10 and Rs. 185.55 respectively. So far 767315 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 358.20 on 23-Dec-2025 and a 52 week low of Rs. 169.50 on 26-Oct-2026.

Last one week high and low of the scrip stood at Rs. 198.10 and Rs. 169.50 respectively. The current market cap of the company is Rs. 8423.47 crore.

The promoters holding in the company stood at 68.31%, while Institutions and Non-Institutions held 3.82% and 27.87% respectively.

Jupiter Wagons has secured order worth Rs 1,140 crore (inclusive of taxes) from the Ministry of Railways (Railway Board) for the manufacture and supply of 2,583 wagons. The order reflects the company’s sustained execution record on Indian Railways’ wagon procurement programme. Building on the present award, JWL expects incremental order inflows of around Rs 2,000 crore in Q4 FY27.

Alongside its Indian Railways business, the company’s private sector order book remains strong, supported by steady demand from private freight operators, wagon leasing companies and core sector customers. This balance between government and private demand continues to give the company a diversified and resilient order pipeline.

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).

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