Rs 5,972 Crore Order Book: Wagons manufacturer bags Rs 113 crore order from the Ministry of Railways, Railway Board

Jupiter Wagons Ltd (JWL) has received a Letter of Acceptance (LOA) from the Ministry of Railways, Railway Board. This LOA pertains to the supply of a total of 9,000 LHB axles for FIAT-IR Bogies, with an aggregate order value of approximately Rs 113 crore.

Earlier, Jupiter Electric Mobility (JEM), the electric commercial vehicle arm of Jupiter Wagons Ltd., inaugurated its first showroom in Hyderabad. The company introduced its flagship 1.05-ton electric light commercial vehicle (eLCV), the JEM TEZ, to the city’s logistics market. The new showroom, located at Arven Motors Private Limited in New Bowenpally, provided customers with access to product specialists, test drives, and sales consultations. This strategic expansion was aimed at accelerating the electrification of the Indian logistics industry.

About Jupiter Wagons Limited

Jupiter Wagons Limited (JWL) is a comprehensive mobility solutions provider with over four decades of experience. The company offers diverse products, including freight wagons, locomotives, passenger coach accessories, braking systems, and electric commercial vehicles. With manufacturing facilities across India and global partnerships, JWL serves a wide range of industries like railways, automobile, logistics, and infrastructure, boasting a strong client base including Indian Railways and Tata Motors.

Jupiter Wagons is a well-capitalised company with a market capitalisation exceeding Rs 14,000 crore. Its strong order book of Rs 5,972 crore as of June 30, 2025, provides a solid foundation for future growth. The stock gave multibagger returns of 320 per cent in 3 years and a whopping 2,000 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.