Jupiter Wagons Arm Bags Order Worth INR2.55 Billion

MT Newswires Live

Feb 27, 2025

Jupiter Tatravagonka Railwheel Factory, a subsidiary of Jupiter Wagons (NSE:JWL, BOM:533272), has secured an order worth 2.55 billion Indian rupees from Braithwait & Co., according to a Thursday filing to the Indian stock exchanges.

The contract is for the supply of 9,140 wheelsets of 840 mm diameter for 25-ton axle load applications.

The deal increases the company's total order book to 5.60 billion rupees.

The company aims to nearly double the contribution from its wheel business with a targeted revenue of 6 billion rupees business in the financial year 2025-26.

The company expects revenue to be boosted by increased production capacity, strong order inflows, and enhanced domestic manufacturing capabilities, including setting up a new manufacturing facility in Odisha, India.

Price (INR): ₹305.90, Change: ₹-1.9, Percent Change: -0.62%

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Co., according to a Thursday filing to the Indian stock exchanges.</p><p>The contract is for the supply of 9,140 wheelsets of 840 mm diameter for 25-ton axle load applications.</p><p>The deal increases the company's total order book to 5.60 billion rupees.</p><p>The company aims to nearly double the contribution from its wheel business with a targeted revenue of 6 billion rupees business in the financial year 2025-26.</p><p>The company expects revenue to be boosted by increased production capacity, strong order inflows, and enhanced domestic manufacturing capabilities, including setting up a new manufacturing facility in Odisha, India.</p><p>Price (INR): ₹305.90, Change: ₹-1.9, Percent Change: -0.62%</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BMPRXN33.USD","symbol_name":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2514487088","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514487088","pubTimestamp":1740629273,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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