Jupiter Wagons Secures ₹97.66 Crore GATX Order; Shares Fall 0.57%

Mumbai September, 08: Jupiter Wagons Limited has secured a ₹97.66 crore order from GATX India Private Limited for the manufacture and supply of BFN S22.9 rakes, adding another large private-sector customer order to its rail mobility business.

According to the company’s exchange disclosure, Jupiter Wagons has signed a Wagon Purchase Agreement with GATX India for the manufacture and supply of BFN S22.9 rakes. The contract is valued at ₹97.66 crore, including applicable taxes.

The order is significant for Jupiter Wagons because GATX is part of the global wagon leasing ecosystem, where private companies lease and operate rolling stock for freight movement. The latest agreement gives Jupiter Wagons another opportunity to supply specialised wagons to this expanding segment.

The company said the order reflects growing demand for specialised wagons and its continuing relationship with private wagon leasing players. The BFN S22.9 rakes will be manufactured and supplied under the agreement.

For Jupiter Wagons, the deal is also another addition to its order pipeline as private participation in India’s rail freight network continues to develop.

Stock Market Snapshot

The Jupiter Wagons share price was trading at ₹243.59, down ₹1.40 or 0.57%, as of 2:51:26 PM IST on September 8, 2026, according to the market data shown.

The stock had traded as high as around ₹244.25 during the session before moving lower. It also saw a sharp price movement around the afternoon and was back near ₹243.59 at the latest available timestamp.

The counter remained below its previous closing level at the time of the update, even after the company disclosed the fresh GATX order.

GATX Deal Deepens Jupiter Wagons’ Private Wagon Business

The latest contract adds another private leasing customer to Jupiter Wagons’ business and reinforces its role as a manufacturer of specialised railway rolling stock.

Managing Director Vivek Lohia said the agreement strengthens the company’s position in India’s private wagon leasing market and reflects the confidence of global players in Jupiter Wagons’ manufacturing capabilities.

The company has been targeting opportunities beyond traditional railway procurement, including private wagon leasing and specialised freight applications. The GATX agreement fits directly into that strategy.

Jupiter Wagons Has A Diversified Rail Manufacturing Portfolio

Jupiter Wagons operates across several areas of the rail mobility industry, with products ranging from freight wagons to railway components and other transportation solutions.

Its portfolio includes freight wagons, commercial vehicles, ISO marine containers, couplers, draft gears, bogies, CMS crossings, brake discs, wheels, axles and wheelsets.

The company has manufacturing facilities across locations including Kolkata, Jamshedpur, Indore, Jabalpur, Jangipur and Chhatrapati Sambhajinagar. Its customer base includes Indian Railways as well as private and international railway-related businesses.

Conclusion

Jupiter Wagons has secured a ₹97.66 crore Wagon Purchase Agreement from GATX India for the manufacture and supply of BFN S22.9 rakes.

The order strengthens Jupiter Wagons’ presence in India’s private wagon leasing ecosystem and adds another contract from a global railcar leasing player to its business pipeline.

The agreement also supports the company’s strategy of expanding its specialised wagon manufacturing business beyond traditional railway orders.

On the market front, the Jupiter Wagons share price stood at ₹243.59 as of 2:51:26 PM IST on September 8, 2026, down 0.57% from the previous close.

Source:

• https://www.nseindia.com/get-quote/equity/JWL/Jupiter-Wagons-Limited
• https://nsearchives.nseindia.com/corporate/CEBBCO_08092026133615_SEPRESSRELEASE08092026.pdf