๐ Jupiter Wagons Hits 3-Week High After โน113 Cr Rail Axle Order
๐ Jupiter Wagons Ltd. (
JWL
) surges 8% in morning trade
On 11 Sept 2025, JWL stock spiked up to 8% in early trade, hitting its highest levels since 25 Aug 2025. Till 10:10 AM hit the intraday high of 345, the momentum was driven by strong order inflows, boosting investor sentiment.
๐น Subsidiary Jupiter Tatravagonka Railwheel Factory received a Letter of Acceptance (LOA) from the Ministry of Railways.
๐น Order: 9,000 LHB axles for FIAT-IR bogies.
๐น Value: โน113 crore, strengthening revenue visibility.
๐น Marks another step in JWLโs growing presence in Indiaโs railway modernization drive.
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