{"id":115583,"date":"2023-12-14T15:58:17","date_gmt":"2023-12-14T10:28:17","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=115583"},"modified":"2023-12-14T15:58:22","modified_gmt":"2023-12-14T10:28:22","slug":"multibagger-stock-hits-5-upper-circuit-after-it-received-an-order-worth-1617-cr-from-railway-ministry","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/multibagger-stock-hits-5-upper-circuit-after-it-received-an-order-worth-1617-cr-from-railway-ministry\/","title":{"rendered":"Multibagger stock hits 5% upper circuit after it received an order worth \u20b9 1,617 Cr from Railway Ministry\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1710513534\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>On Thursday, shares of India&#8217;s leading Indian manufacturer of railway freight cars jumped 5 percent after receiving a Rs 1,617 crore order from the Ministry of Railways.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1341928908\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/JWL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Jupiter Wagons Ltd<\/a><\/strong> shares closed at Rs 330.65 a share, a 5 percent increase over the previous close price. The company is valued at Rs 13,632 crore on the stock exchange.\u00a0<\/p><p>According to the company exchange filing, The company received an order from the Ministry of Railways to manufacture and supply 4,000 numbers of BOXNS Wagons for a contract value of Rs.1,617 Crores.&nbsp;<\/p><p>Jupiter Wagons Limited is an Indian private manufacturer of railway wagons, passenger coaches, wagon components, and castings. The company is engaged in the business of manufacturing vehicle bodies for commercial vehicles and the production of Fully Built Vehicles (\u201cFBVs\u201d).&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1309438419\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company\u2019s revenues have increased by 110 percent year on year from Rs 417 crore in Q2FY23 to Rs 879 crore in Q2FY24, while net profit has jumped by 228 percent from Rs 25 crore to Rs 82 crore.&nbsp;<\/p><p>The company has planned to increase its existing foundry at the Kolkata Unit from 2,500 metric tonnes to 3,000 metric tonnes by the conclusion of this fiscal year.&nbsp;<\/p><p>The company\u2019s new foundry is scheduled to be established in Jabalpur over the next 18 months with a capacity of 2,000 tonnes, catering to both captive use and exports. This initiative is expected to yield cost savings in freight expense&nbsp;<\/p><p>The company\u2019s wagon manufacturing capacity has been increased to ~700 wagons per month at present. Once the expanded capacity of the foundry is made available, it is expected that production capacity will increase to 800 wagons per month.&nbsp;<\/p><p>Jupiter Wagons Ltd shares have delivered a multibagger return of 126 percent in the last six months and 256 percent in a year. A shareholder investment of Rs 1 lakh in the company, would be worth Rs 2.26 lakhs in the last six months and Rs 3.56 lakhs in a year.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Omkar Chitnis<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-2986979327\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-3793139979\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>On Thursday, shares of India&#8217;s leading Indian manufacturer of railway freight cars jumped 5 percent after receiving a Rs 1,617 crore order from the Ministry of Railways.&nbsp; Jupiter Wagons Ltd shares closed at Rs 330.65 a share, a 5 percent increase over the previous close price. The company is valued at Rs 13,632 crore on [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":111701,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[10676,15175,10675,948,936],"class_list":["post-115583","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-jupiter-wagons-latest-news","tag-jupiter-wagons-latest-order","tag-jupiter-wagons-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Multibagger stock hits 5% upper circuit after it received an order worth \u20b9 1,617 Cr from Railway Ministry\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"On Thursday, shares of India&#039;s leading Indian manufacturer of railway freight cars jumped 5 percent after receiving a Rs 1,617 crore order from the Ministry of Railways.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/multibagger-stock-hits-5-upper-circuit-after-it-received-an-order-worth-1617-cr-from-railway-ministry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Multibagger stock hits 5% upper circuit after it received an order worth \u20b9 1,617 Cr from Railway Ministry\u00a0\" \/>\n<meta property=\"og:description\" content=\"On Thursday, shares of India&#039;s leading Indian manufacturer of railway freight cars jumped 5 percent after receiving a Rs 1,617 crore order from the Ministry of Railways.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/multibagger-stock-hits-5-upper-circuit-after-it-received-an-order-worth-1617-cr-from-railway-ministry\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-14T10:28:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-14T10:28:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/railwaywagon.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/multibagger-stock-hits-5-upper-circuit-after-it-received-an-order-worth-1617-cr-from-railway-ministry\/\",\"url\":\"https:\/\/tradebrains.in\/features\/multibagger-stock-hits-5-upper-circuit-after-it-received-an-order-worth-1617-cr-from-railway-ministry\/\",\"name\":\"Multibagger stock hits 5% upper circuit after it received an order worth \u20b9 1,617 Cr from Railway Ministry\u00a0 - 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