Jupiter Wagons share price rises fourth session straight; jumps 9% today; here's why | Check target, rationale
New Delhi, Oct. 29 -- Jupiter Wagons share price surged over 9% to hit an intraday high of Rs.198 apiece on Thursday, October 29, after the company secured a major order worth Rs.1,140 crore from the Ministry of Railways.
Jupiter Wagons shares opened at Rs.186.24 on NSE today, as compared to previous close of Rs.181.05 on Wednesday
In an exchange filing on Thursday, Jupiter Wagons said the order was awarded by the Ministry of Railways (Railway Board). The order valued at Rs.1,140 crore.
Jupiter Wagons highlighted the diversity of its order book across public and private sector customers. Alongside its business with Indian Railways, the company continues to see strong demand from private freight operators and wagon leasing companies, su...
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