Jupiter Wagons Shares: Jupiter Wagons Share Price NSE India
As of March 7, 10:15 AM IST, Jupiter Wagons Ltd (JWL) shares are priced at ₹393.40 each, marking an impressive surge of 8.66% from the previous day’s closing at ₹362.051. With a market capitalization of ₹155.95 billion, Jupiter Wagons has seen highs of ₹434.00 and lows of ₹85.20 over the past 52 weeks, boasting a price-to-earnings ratio (P/E) of 54.15 and a dividend yield of 0.12%.
Recently, the company secured a significant order worth approximately ₹957 crore from the Ministry of Railways, contributing significantly to the positive momentum in its share price. Given the volatility of stock prices and susceptibility to market fluctuations, it is advisable to conduct thorough research and seek guidance from financial experts before making any investment decisions.
Jupiter Wagons Shares Highlights
The Railway Ministry offered our company a contract to build and deliver 2,237 BOSM wagons for nearly Rs 957 crore,” the company announced.
In the last three months of 2023, our company’s profit went up by 82.6% to Rs 81.45 crore. In January, Company secured a major contract from a top car manufacturer for four sets of special double-decker car carrier wagons worth Rs 100 crore. These innovative wagons, a first for Indian Railways, can transport SUVs on both levels and feature advanced technologies. They’re tailored to fit the dedicated freight corridor and most of the national railway network.
Additionally, in December 2023, The Railway Ministry (Railway Board) has approved our company’s bid to make and deliver 4,000 BOXNS wagons, valued at Rs 1,617 crore, as per their letter dated December 14, 2023,” stated the company in its announcement.
Jupiter Wagons Shares Price Target for 2024-2025-2026 and 2030
Jupiter Wagons Shares Price Target for 2024
Many Indian stocks, including JWL, had a great run in 2023. In early 2024, the market’s positive trend is expected to continue, with some periods of consolidation at the start. Based on technical data, JWL’s share price is forecasted to range between ₹515.73 and ₹549.65 in 2024.
Jupiter Wagons Shares Price Target for 2025
JWL’s share price could hit Rs599.71 by January 2025. If economic factors and industry trends stay positive, we might even see it reach Rs695.09 by December 2025.
Jupiter Wagons Shares Price Target for 2030
In 2030, Jupiter Wagons Ltd aims to hit ₹907.46 as its starting price target. By the end of 2030, it might soar to ₹950.7 with bullish market trends.
About Jupiter Wagons Ltd (JWL)
India remains a top spot for transportation solutions, and the Jupiter group is a leading player in this field. Several factors contribute to India’s attractiveness in transportation solutions:
- India is rapidly urbanizing, urging the nation to upgrade its urban transportation networks swiftly to meet growing demands.
- With increasing concern over vehicular pollution, there’s a widespread agreement that mass-rapid transport systems offer the most sustainable solution.
- To compete globally in logistics, India must modernize its infrastructure, integrate various transportation modes, and invest in modern freight cars to enhance efficiency.
The Indian government prioritizes strengthening transportation through focused projects, budget allocations, timely implementation, foreign investments, and incentives for domestic manufacturing.
These factors signal a promising future for India’s transportation sector, with a favorable outlook for multi-year growth.
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