Multibagger stock Jupiter Wagons to be in focus on Thursday after firm bags Rs 957 crore Railways order
Jupiter Wagons said that Ministry of Railways has placed an offer for manufacture and supply of 2,237 numbers of BOSM Wagons for a contract value of Rs. 956.88 crore.
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Kolkata-headquartered Jupiter Wagons on Wednesday (March 6, 2024) received an order worth Rs 957 crore from Indian Railways.
As per the order, Jupiter Wagons will manufacture 2,237 BOSM wagons for Railways.
"We are pleased to inform that Ministry of Railways (Railway Board) vide its Letter no. 2024/RS(I)/954/1 TC dated 6th March, 2024 has placed an offer to the Company for manufacture and supply of 2,237 numbers of BOSM Wagons for a contract value of Rs. 956,87,67,500/- (Rupees Nine Hundred Fifty-Six Crores, Eighty-Seven Lakhs, Sixty-Seven Thousand and Five Hundred only)," Jupiter Wagons said in a statement on Wednesday post market hours.
Jupiter Wagons Share Price
Jupiter Wagons shares on Wednesday closed the trading session down by 4.21 per cent, or Rs 15.90, at Rs 361.90 each.
The stock of the wagon manufacturer has been a multibagger as it has soared by 271.56 per cent in the last one year, to Rs 361.90 from Rs 97.40.
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