The company has a market capitalization of 9,308 Cr, making it a small-cap company. The new 52-week high was reached on Tuesday when the stock price reached a 5% upper circuit at Rs. 233 a share.

In six months, Jupiter Wagons Ltd. generated 134% returns (making a one lakh investment worth 2.34 lakh rupees today), and in a year, it generated 296% returns (making a one lakh investment worth 3.96 lakh rupees today).

As per the company exchange filling, net sales increased by 155% year on year from Rs. 295.4 Cr in Q1 FY23 to Rs. 753.2 Cr in Q1 FY24. EBITDA (Earnings Before Interest & Tax Depreciation and Amortization) jumped by 216.7% year on year from Rs. 31.44 in Q1 FY23 to Rs. 99.56 Cr in Q1 FY24. 

Net profits rose by 374% year on year from Rs. 13.41 in Q1 FY23 to Rs. 63.6 Cr in Q1 FY24 and a 60% increase in net profits quarter on quarter basis from Rs. 39.2 Cr in Q4 FY23 to Rs. 62.9 Cr in Q1 FY24. Order book of 6,122.3 Cr as of June 2023.

As of June 2023, Promoters hold 72.36% and 0% shares pledged, DIIs hold 2.26%, FIIs hold 0.27% and Retail & Others hold a 25.11% stake in this company.

The company anticipates spending roughly Rs. 50 crores on CAPEX in the future. In addition, Stone India would have cost about Rs. 25 crores to acquire, and the company anticipates spending an additional Rs. 30 crores there to renovate the facilities and begin operations. 

Jupiter Wagons Ltd, A leading producer of railroad wagons, parts for passenger coaches, and alloy steel casting for rolling stack and the track is the Upiter Group. In addition to producing application-specific load bodies for commercial vehicles, the firm also produces ISO maritime containers and other products including chilled containers.

Written by Sheshadri N


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