Jupiter Wagons rallied 7.61% to Rs 389.45 after the company said that it has secured order from Ministry of Railways worth Rs 956.87 crore.
The company will manufacture and supply 2,237 numbers of BOSM Wagons.Jupiter Wagons is a leading provider of complete mobility solutions with a diverse product portfolio. Its products include wagons, couplers, draft gears, bogies, crossings, and accessories for various types of coaches and vehicles.
The companys net profit surged 82.7% to Rs 81.45 crore in Q3 FY24 as compared to Rs 44.59 crore recorded in Q3 FY23. Revenue from operations jumped 39% YoY to Rs 895.84 crore in the quarter ended 31 December 2023.
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