Jupiter Wagons Shares Jump 13% on Rs.215 Crore Vande Bharat Order
Shares of Jupiter Wagons jumped up to 13% in the August 21 trading session. The stock hit an intraday high of Rs.371.80 per share on NSE, after opening with a 6.11% gain.
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Big Order Announcement
The rally came after the company announced that its subsidiary, Jupiter Tatravagonka Railwheel Factory Pvt. Ltd., received a Letter of Intent (LoI) for supplying 5,376 wheelsets for Vande Bharat trains.
Order Value
The deal is worth Rs.215 crore, marking a strong addition to the company’s growing order book.
Boost from Vande Bharat Project
With Indian Railways rapidly expanding its Vande Bharat network, companies like Jupiter Wagons are expected to see a strong demand for rail components.
Key Highlights
- Stock rose up to 13% intraday
- Rs.215 crore order for 5,376 wheelsets
- Order received on 19th August 2025
- Positive momentum after previous day’s losses
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