Multibagger railway wagons company: Stock gains over 4% after bulk deal - Check Details

Jupiter Wagons Share Price NSE, BSE Today: Shares of railway freight wagons manufacturer Jupiter Wagons gained over 4 per cent on Wednesday - a day after a bulk deal. The counter opened at Rs 668.95 and went on to gain 4.28 per cent to touch the high of Rs 685 on the BSE. The counter had closed at Rs 656.90 in the last trading session.

Meanwhile, benchmark indices climbed in early trade on Wednesday, with the Sensex hitting its fresh all-time high level. The 30-share BSE Sensex climbed 134.64 points to hit a new all-time high of 78,188.16 in early trade. The Nifty went up by 28.2 points to 23,749.50.

Jupiter Wagons Share Price History

As per the data available on the BSE analytics, shares of Jupiter Wagons have surged over 330 per cent in one year and around 1179 per cent in two years. The counter has already gained 111 per cent so far this year and has given a positive return of 85 per cent in 3 months.

Jupiter Wagons in News

The company announced that foreign investor Copthall Mauritius Investment has bought its shares for Rs 214 crore through an open market transaction.

According to the bulk deal data available with the National Stock Exchange (NSE), Copthall Mauritius Investment acquired 32.79 lakh shares, amounting to a 0.8 per cent stake in Kolkata-based Jupiter Wagons.

The shares were picked up at an average price of Rs 652 apiece, taking the transaction value to Rs 213.84 crore. Details of the sellers of Jupiter Wagons' shares could not be identified.