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Jupiter Wagons stock jumps 12% after bagging ₹215 Cr order for Vande Bharat Train wheelsets

News by Aliceblue News Desk

21 Aug 2025

Jupiter Wagons stock jumps 12% after bagging ₹215 Cr order for Vande Bharat Train wheelsets

Introduction

Leading rail equipment manufacturer has secured a ₹215 crore order to supply 5,376 wheelsets for the Vande Bharat Train project, strengthening its role in India’s modern railway infrastructure development.

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Share price movement of Jupiter Wagons

On August 21, 2025, Jupiter Wagons Ltd opened at ₹349.05, up 5.81% from its previous close of ₹329.85. The stock reached a high of ₹372.00 and a low of ₹346.80. By 10:51 AM, it traded at ₹366.05, a 10.97% increase, with a market cap of ₹15,538.75 crore.

Jupiter Wagons Subsidiary Wins ₹215 Crore Order

Jupiter Wagons Ltd announced that its subsidiary, Jupiter Tatravagonka Railwheel Factory Private Limited, has received a Letter of Intent for supplying 5,376 wheelsets for the Vande Bharat Train project. The LOI was issued on 19th August 2025.

The order is valued at approximately ₹215 crore. The scope involves supplying the wheelsets for Vande Bharat trains. The company confirmed the disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015.

Recent news on Jupiter Wagons

As of July 16, 2025, Jupiter Wagons Ltd announced the resignation of CFO Sanjiv Keshri, effective July 15. The company is in the process of appointing a new CFO and KMP.

Stock performance of Jupiter Wagons for Period of 1 week, 6 months, and 1 year

Jupiter Wagons Ltd delivered a 4.98% return over the past week. The stock gained 4.55% in the past six months but declined by 42.0% over the past year.

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Shareholding pattern of Jupiter Wagons

ParticularsJun 2025Mar 2025Dec 2024
Promoter68%68%68%
FII4.50%3.90%3.40%
DII1.40%1.70%1.70%
Public26%26.30%27%

About Jupiter Wagons

Jupiter Wagons Ltd (NSE: JWL) operates through its subsidiary Commercial Engineers & Body Builders Company Ltd, engaged in manufacturing metal fabrication, including load bodies for commercial vehicles, rail freight wagons, and related components across India.

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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.

FAQs

Q: Why is Jupiter Wagons Ltd share price going up today?

A: The share price is rising after its subsidiary received a Letter of Intent to supply 5,376 wheelsets for Vande Bharat Trains.

Q: What does Jupiter Wagons Ltd specialize in?

A: Jupiter Wagons Ltd specializes in manufacturing freight wagons, passenger coaches, rail components, and metal fabrication solutions for commercial vehicles.

Q: How much stake do promoters hold in Jupiter Wagons Ltd stock?

A: Promoters hold a 68% stake in Jupiter Wagons Ltd, reflecting strong ownership and control within the company.

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