Jupiter Wagons Shares Jump Over 6% After Securing Rs 113 Crore Order from Indian Railways

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ter Wagons Ltd. surged more than 6% in early trading following the announcement of a significant order win worth Rs 113 crore. By 9:18 AM IST, the stock was trading at Rs 340.30 on the BSE, up Rs 21.10 or 6.61%, reflecting strong investor confidence in the company’s growing role in India’s rail infrastructure sector. Details of the Order The company’s subsidiary, Jupiter Tatravagonka Railwheel Factory Private Limited, received a Letter of Acceptance (LOA) from the Ministry of Railways, Railway Board, on September 9, 2025. The order entails the supply of 9,000 LHB (Linke Hofmann Busch) axles for FIAT-IR bogies, with a total contract value of approximately Rs 113 crore. This order strengthens Jupiter Wagons’ position as a key supplier of critical railway components, aligning with the Indian government’s push to enhance rail infrastructure.