Jupiter Wagons Bags ₹1,140 Crore Railway Order; Shares Rise 7.84%

Mumbai, October 29: Jupiter Wagons Limited shares were trading at ₹195.25, up 7.84% from the previous close, at 9:37:56 AM IST on Thursday, October 29, after the company announced a ₹1,140 crore order from the Ministry of Railways for the manufacture and supply of 2,583 BOXNHL and BOXNS wagons.

The order, awarded by the Railway Board, includes taxes and adds to Jupiter Wagons’ business from Indian Railways. The company also expects incremental order inflows of approximately ₹2,000 crore in Q4 FY27.

Jupiter Wagons Receives Order for 2,583 Wagons

The order covers the manufacture and supply of 2,583 wagons across the BOXNHL and BOXNS categories. Jupiter Wagons said the award reflects its execution record under Indian Railways’ wagon procurement programme.

The company’s private-sector order book also remains supported by demand from freight operators, wagon leasing companies and core-sector customers. It said this combination of government and private-sector demand provides a diversified order pipeline.

The Ministry of Railways has also recently released a tender for the procurement of 5,800 BOBRN wagons, which the company identified as a factor supporting the sector’s near-term demand outlook.

Company Expects ₹2,000 Crore Order Inflows in Q4 FY27

Jupiter Wagons expects additional order inflows of approximately ₹2,000 crore in the fourth quarter of FY27. Managing Director Vivek Lohia said the company is prepared to execute the programme and highlighted its integrated manufacturing capabilities across the wagon value chain.

The company said large-scale wagon procurement supports the government’s objective of increasing the railways’ share of freight movement under the National Rail Plan.

Stock Market Snapshot

The Jupiter Wagons share price was trading 7.84% higher at ₹195.25 on Thursday, October 29, compared with the previous close of ₹181.05. The stock opened at ₹186.24.

The quote reflects the intraday price displayed at 9:37:56 AM IST and is not the closing price.

About Jupiter Wagons

Jupiter Wagons Limited provides mobility solutions across freight wagons, locomotives, commercial vehicles, marine containers and railway components. Its offerings include couplers, bogies, brake systems, wheelsets and related products.

Conclusion

The ₹1,140 crore Railway Board order strengthens Jupiter Wagons’ order pipeline for wagon manufacturing. The company is also targeting approximately ₹2,000 crore in incremental order inflows in Q4 FY27.

Source:

• https://www.nseindia.com/get-quote/equity/JWL/Jupiter-Wagons-Limited
• https://nsearchives.nseindia.com/corporate/CEBBCO_29102026090555_SEPRESSRELEASE_291026.pdf