India, March 6 -- During Friday's trading session, shares of a provider of comprehensive mobility solutions encompassing rail, road, and marine transportation surged around 17 percent on the stock exchanges. So, what triggered this sharp rise? Let's break it down in this article.
With a market cap of Rs. 12,528 crores, shares of Jupiter Wagons Limited were trading in the green at Rs. 293.15 on BSE, up by around 15 percent, as against its previous closing price of Rs. 254.8. The stock has delivered negative returns of over 4 percent in the last one year, and has fallen by around 2 percent in the last one month.
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Railway-related stocks, including Jupiter Wagons Limited, witnessed strong buying interest during Friday's trading session,...
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