This company making railway wagons made investors rich, 270% return in 1 year, share jumped due to excellent results – jupiter wagons share delivered impressive returns of over 270 percent in a year
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The company’s net revenue on a consolidated basis grew 154.97% YoY to Rs 753.19 crore from Rs 295.40 crore in Q1FY24. Whereas, the profit in Q1FY24 increased by 378.2% YoY to Rs 63.06 crore.
Jupiter Wagon Limited (JWL), incorporated in the year 2006, was a part of the Kolkata based Jupiter Group and a major player in the Indian Railways wagon manufacturing industry. JWL had the capacity to manufacture 4,200 wagons annually and is integrated with a foundry shop for manufacturing various components of a typical wagon like coupler, bogie, draft gear, CRF section etc.
Today the stock opened in upper circuit at Rs.232.95. The stock’s 52 week high is Rs 234.75 and 52 week low is Rs 57.15.
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