Jupiter Wagons Ltd

(JWL)

Jupiter Wagons Secures Major Contract with Indian Railways - 20 Nov, 2024

Jupiter Wagons Limited has secured a Rs 957 crore contract to supply 2,237 BOSM wagons for Indian Railways, enhancing its leadership in logistics. The company aims to boost production capacity to 12,000 wagons annually by FY 2025, reflecting its commitment to innovation and operational excellence.

Jupiter Wagons Founder Joins Hurun India Rich List - 15 Nov, 2024

Murari Lal Lohia, founder of Jupiter Wagons, enters the 2023 Hurun India Rich List as stock surges 253% in six months, boosting his net worth to Rs 7,900 crore. The company, valued at over Rs 19,690 crore, continues to expand in the commercial vehicle market with new electric vehicle launches and strategic acquisitions.

Jupiter Wagons Reports Strong Q3 Performance - 12 Nov, 2024

Jupiter Wagons reported standalone net sales of Rs 973.63 crore for September 2024, up 10.73% YoY. Net profit rose 8.63% to Rs 88.62 crore, while EBITDA increased by 11.32%. EPS improved to Rs 2.10. Despite a -2.70% return over the last 6 months, the stock has gained 46.59% over the past year.

Jupiter Wagons Faces Profit Booking Despite Strong Earnings - 11 Nov, 2024

Jupiter Wagons reported a solid Q2FY25 with an 8.9% profit increase and 15% revenue growth. However, shares fell nearly 6% due to ongoing profit booking, reflecting a 14% correction over three months despite a 50% year-to-date gain.

Jupiter Wagons Reports Strong Q2 Growth and Strategic Moves - 09 Nov, 2024

Jupiter Wagons reported a 9.34% YoY increase in Q2 net profit to Rs 89.74 crore, with revenues up 14.75%. The company is expanding into electric trucks and battery sectors, enhancing capacity and rebranding subsidiaries to drive future growth.

Jupiter Wagons Reports Q2 Growth and Expansion Plans - 08 Nov, 2024

Jupiter Wagons Limited reported an 8.9% increase in Q2 net profit to Rs 89.36 crore. The company plans a Rs 2,500 crore investment to expand production capacity in Odisha, following a 2% drop in stock prior to earnings announcement.

Jupiter Wagons Acquires Log9's Battery Technology - 04 Nov, 2024

Jupiter Wagons Limited has acquired Log9's Railway and Electric Battery technology, enhancing its capabilities in electric mobility and expanding its order book to Rs 7,028.34 crore.

Jupiter Wagons Acquires Log9's Battery Divisions - 31 Oct, 2024

Jupiter Wagons' subsidiary, Jupiter Electric Mobility, has acquired Log9's Railway and Electric Truck Battery divisions, including a manufacturing facility, boosting its electric mobility portfolio and capabilities.

Jupiter Wagons Acquires Log9s Electric Battery Technology - 30 Oct, 2024

Jupiter Wagons Limited, through its subsidiary Jupiter Electric Mobility, has acquired Log9s Railway and Electric Battery technology, enhancing its position in the electric mobility sector.