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RAJIV GUPTA (SEBI RA)

27th Feb 2025 · SEBI-Registered Analyst

Award / Receipt of Order - Jupiter Wagons Ltd

Website ***** Stock COde BSE: 533272 NSE: JWL Jupiter Tatravagonka Railwheel Factory, a subsidiary of Jupiter Wagons Ltd, has secured a order of ₹255 crore contract from Braithwait & Co. for 9,140 wheelsets of 840 mm diameter for 25-ton axle load applications. This order bolsters Jupiter's position as a leading domestic railway wheelset manufacturer. The company's total order book now stands at ₹560 crore. 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗘𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻 of 2500 Crore : Jupiter is aggressively expanding its manufacturing capabilities. The company is establishing a new world-class production facility in Odisha. The investment for this expansion is ₹2,500 crore. 𝗥𝗲𝘃𝗲𝗻𝘂𝗲 𝗣𝗿𝗼𝗷𝗲𝗰𝘁𝗶𝗼𝗻𝘀 Jupiter targets ₹600 crore in revenue from its wheel business in FY26, nearly doubling its current contribution. 𝗧𝗶𝗺𝗲𝗹𝗶𝗻𝗲 The Commercial Operation Date for axle production is expected by Dec- 2026. The complete wheel and axle production unit is planned for completion by Dec 2027.

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JWL_PRESSRELEASE.pdf
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