Jupiter Wagons Share Price NSE, BSE: Shares of Jupiter Wagons will be in focus on Monday as the company announced strong quarterly results after market hours on Friday. The leading manufacturer of railway wagons, wagon components and castings has posted a 40.3 per cent rise in profit after tax (PAT) to Rs 89.23 crore for the June quarter. 

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

The company had posted a consolidated PAT of Rs 63.60 crore in the year-ago period.

The company's income during the April-June period increased to Rs 902.19 crore, over Rs 755.41 crore in the year-ago period, Jupiter Wagons Ltd (JWL) said in a statement.

Jupiter Wagons Share Price History

The shares of Jupiter Wagons opened in green on Friday and touched a high of Rs 645 before ending the session in the red. 

Jupiter Wagons is a multibagger stock that has given a return of 168.9 per cent in one and 948.60 per cent in two years. The counter has already gained 92.90 per cent so far this year.

The market cap of the company is Rs 26,195 crore.

"We are excited to report outstanding results for Q1FY25... Despite challenges from the general elections and peak summer, we maintained a strong consolidated EBITDA margin of 15.5 per cent. Our wagon business remains crucial, contributing 80 per cent of revenue. We are actively diversifying into sectors such as railway components, commercial vehicles, brake discs, brake systems and containers," the company said.

JWL is a provider of comprehensive mobility solutions, with diverse offerings across freight wagons, locomotives, commercial vehicles, ISO marine containers, and products such as couplers, draft gears, and bogies.