Jupiter Wagons share price rises fourth session straight; jumps 9% today; here's why
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Jupiter Wagons share price jumped 9% to ₹198 on Thursday, October 29, after the company secured a ₹1,140 crore order from the Ministry of Railways.
- ✓This marked the fourth straight session of gains.
- ✓The company said the order reinforces its position as a key player in the railway manufacturing sector.
Story at a Glance
- Category
- MARKET
- Reported By
- Livemint
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Jupiter Wagons share price surged over 9% to hit an intraday high of ₹198 apiece on Thursday, October 29, after the company secured a major order worth ₹1,140 crore from the Ministry of Railways.
Jupiter Wagons new order details
In an exchange filing on Thursday, Jupiter Wagons said the order was awarded by the Ministry of Railways (Railway Board). The order valued at ₹1,140 crore.
Jupiter Wagons highlighted the diversity of its order book across public and private sector customers. Alongside its business with Indian Railways, the company continues to see strong demand from private freight operators and wagon leasing companies, supporting its private sector order book.
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