Jupiter Wagons share price jumps 11% on ₹215 crore order for Vande Bharat Trains

Jupiter Wagons share price jumped nearly 11% on Thursday after the company announced receipt of order for supply of wheelsets for Vande Bharat Train. The railway stock rallied as much as 10.95% to ₹366.00 apiece on the BSE.

The rally in Jupiter Wagons share price was accompanied by a surge in trading volumes. Around 44 lakh equity shares of Jupiter Wagons changed hands on stock exchanges on August 21, significantly higher than its one week average trading volume of 13 lakh shares.

The railway freight cars manufacturer Jupiter Wagons announced that its material unlisted subsidiary, Jupiter Tatravagonka Railwheel Factory Private Limited, has received a Letter of Intent (LOI) for supply of total 5,376 wheelsets for Vande Bharat Train for an order value of approximately ₹215 crore.

The company’s order book as on 30 June 2025 stood at ₹5,972 crore, the company said in its investors presentation.

At 9:35 AM, Jupiter Wagons share price was trading 9.75% higher at ₹362.00 apiece on the BSE.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Download the Mint app and read premium stories