Jupiter Wagons Ltd Share Price – NSE  / BSE

Capital Goods-Non Electrical Equipment, Small Cap

PNC Infratech Ltd, Titagarh Rail Systems Ltd, Carborundum Universal Ltd, JK Lakshmi Cement Ltd are among the other stocks to see a surge in volumes on NSE today, 11 December 2024.

Jupiter Wagons Ltd recorded volume of 252.67 lakh shares by 14:14 IST on NSE, a 23.67 times surge over two-week average daily volume of 10.67 lakh shares. The stock gained 11.21% to Rs.552.70. Volumes stood at 6.84 lakh shares in the last session.

PNC Infratech Ltd clocked volume of 152.33 lakh shares by 14:14 IST on NSE, a 16.45 times surge over two-week average daily volume of 9.26 lakh shares. The stock gained 10.45% to Rs.341.95. Volumes stood at 6.96 lakh shares in the last session.

Titagarh Rail Systems Ltd clocked volume of 110.54 lakh shares by 14:14 IST on NSE, a 9.73 times surge over two-week average daily volume of 11.37 lakh shares. The stock gained 6.37% to Rs.1,309.75. Volumes stood at 13.21 lakh shares in the last session.

Carborundum Universal Ltd registered volume of 6.94 lakh shares by 14:14 IST on NSE, a 7.78 fold spurt over two-week average daily volume of 89168 shares. The stock rose 3.07% to Rs.1,380.15. Volumes stood at 1.19 lakh shares in the last session.

JK Lakshmi Cement Ltd registered volume of 8.49 lakh shares by 14:14 IST on NSE, a 5.55 fold spurt over two-week average daily volume of 1.53 lakh shares. The stock rose 2.62% to Rs.877.95. Volumes stood at 5.36 lakh shares in the last session.

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Sunflag Iron & Steel Company Ltd, PNC Infratech Ltd, Shriram Properties Ltd and Titagarh Rail Systems Ltd are among the other gainers in the BSE's 'A' group today, 11 December 2024.

Jupiter Wagons Ltd soared 12.68% to Rs 560.15 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 6.9 lakh shares were traded on the counter so far as against the average daily volumes of 89652 shares in the past one month.

Sunflag Iron & Steel Company Ltd spiked 10.27% to Rs 246.5. The stock was the second biggest gainer in 'A' group. On the BSE, 1.14 lakh shares were traded on the counter so far as against the average daily volumes of 16937 shares in the past one month.

PNC Infratech Ltd surged 10.04% to Rs 341.95. The stock was the third biggest gainer in 'A' group. On the BSE, 5.12 lakh shares were traded on the counter so far as against the average daily volumes of 1.11 lakh shares in the past one month.

Shriram Properties Ltd spurt 8.43% to Rs 115.7. The stock was the fourth biggest gainer in 'A' group. On the BSE, 4.01 lakh shares were traded on the counter so far as against the average daily volumes of 70318 shares in the past one month.

Titagarh Rail Systems Ltd added 7.41% to Rs 1322.75. The stock was the fifth biggest gainer in 'A' group. On the BSE, 5.21 lakh shares were traded on the counter so far as against the average daily volumes of 81181 shares in the past one month.

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Revenue from operations jumped 14.75% YoY to Rs 1,009.04 crore in the quarter ended 30 September 2024.

Profit before tax grew 8.83% to Rs 119.18 crore in Q2 FY25 as compared to Rs 109.51 crore recorded in the corresponding quarter last year.

EBITDA stood at Rs 139.45 crore in Q2 FY25, registering a growth of 15.5% YoY. EBITDA margin improved to 13.8% in Q2 FY25 as against 13.7% posted in Q2 FY24.

As of 30th September 2024, the company's order book stands at Rs 6,643.66 crore.

On half year basis, the company’s consolidated net profit surged 25.34% YoY to Rs 181.66 crore in H1 FY24 as compared to Rs 144.93 crore recorded in H1 FY25. Revenue from operations increased 15.70 YoY to Rs 1,888.90 in H1 FY25.

Vivek Lohia, Managing Director of Jupiter Wagons, said, “This quarter, we made a strategic decision to strengthen our foothold in the electric truck and railway battery sectors through the acquisition of Log9’s battery assets by our wholly owned subsidiary Jupiter Electric Mobility (JEM). Additionally, our offerings of BESS containers, crucial for solar and data centre energy storage. continue to garner rising interest thereby opening more opportunities in both domestic and international markets. Lastly, we have rebranded our subsidiary, Bonatrans India Private Limited to Jupiter Tatravagonka Rail Wheel Factory Private Limited even as we unveiled plans to increase capacity for wheelsets manifold through investment of Rs. 2,50,000 lakh in a new facility on Odisha.

Even as we are poised to steadily growth our wagon business through capacity enhancement of our foundry, our businesses of safety systems, track components, eLCVs, wheelsets as well as high-speed brake systems for passenger and freight are poised to grow strongly ensuring that non-wagon businesses will significantly contribute to our revenue in the coming years, highlighting our strategic shift.

We are excited to see our strategies take shape even as we continue to focus on value creation for stakeholders, as our Board approved an increased interim dividend in October 2024. At Jupiter, we are not just building the future of transportation—we’re leading it with a strong commitment to innovation and sustainability in order to transform the mobility landscape”.

Jupiter Wagons is engaged in the business of manufacturing railway wagons, wagon components, castings, metal fabrication comprising load bodies for commercial vehicles, rail freight wagons and components with manufacturing facilities at Hooghly (WB), Jabalpur (MP), Indore (MP) and Jamshedpur (Jharkhand).

Shares of Jupiter Wagons slipped 3.09% to Rs 494.15 on Friday, 8 November 2024.

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Net profit of Jupiter Wagons rose 9.35% to Rs 89.74 crore in the quarter ended September 2024 as against Rs 82.07 crore during the previous quarter ended September 2023. Sales rose 14.75% to Rs 1009.04 crore in the quarter ended September 2024 as against Rs 879.30 crore during the previous quarter ended September 2023.

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