ट्रेंडिंग न्यूज़

5000% Return Railway Share Ready To Double? New Order To Supply 2237 BOSM Wagons

Jupiter Wagons Ltd (NSE: JWL): The shares of the rail business Jupiter Wagons have risen like an explosion train. Shares of Jupiter Wagons rose on Thursday to reach Rs 370.

The company has received a huge order of around Rs 957 crore by the Railway Ministry. This order is for the manufacturing and supply of BOSM wagons. These wagons are used to transport goods.

The Company Will Make 2237 Coaches

Jupiter Wagons has said in its exchange filing that the company has received an order to manufacture and supply 2237 BOSM wagons. These high-sided open wagons are used to transport bulk materials like coal, and ore. 

The compartments are constructed with side-opening mechanisms that allow for simple loading and de-loading baggage. Kolkata-based company Jupiter Wagons manufactures railway freight wagons, passenger coaches, wagon components, steel crossings, and castings.

Many private companies including Indian Railways are on its client list.

Jupiter Wagons Shares Rose 5000% In 4 Years

Jupiter Wagons shares have seen a tremendous rise in the last 4 years. The share of the company has risen by over 5000% in just four years.

Share of Jupiter Wagons was at Rs 7.32 on March 27, 2020. Railway company shares peaked at the value of Rs 396.50 on the 7th of March, 2024. 

The share of the company has grown to more than 27% over the past year. Share of Jupiter Wagons was at Rs 102.27 on March 8, 2023. The company’s shares have reached Rs 396.50 on March 7, 2024. 

The 52-week high of shares held by the company is 398. In the same way, the 52-week low in Jupiter Wagons shares is Rs 368.

About Jupiter Wagons Ltd

Jupiter Wagons Limited is a Non-government company that was incorporated on July 27 the year 2006.

It’s a non-listed public company that is classified as a ‘company restricted by shares’. The company’s authorized capital is the amount of 680.0 lakhs.

It also has 74.468895 percent paid-up capital, which amounts is 506.39 lakhs. Jupiter Wagons Limited’s last annual general meeting (AGM) took place in September 2016. 

The company most recently revised its finances on the 31st of March 2016, as per the Ministry of Corporate Affairs (MCA). 

Jupiter Wagons Limited has been majorly involved in the Manufacturing (Machinery and equipment) business for the last 17 years. Currently, its operations are running.

Fundamental Analysis of Jupiter Wagons

Market Cap ₹ 15,269 Cr.
Current Price ₹ 370
52-wk High ₹ 398
52-wk Low ₹ 368
Stock P/E 56.7
Book Value ₹ 25.6
Dividend 0.12 %
ROCE 24.4 %
ROE 16.8 %
Face Value ₹ 10.0
P/B Value 14.5
OPM 13.5 %
EPS ₹ 6.71
Debt ₹ 374 Cr.
Debt to Equity 0.35

Jupiter Wagons Share Price Target 2024 To 2030

Year 1st Target 2nd Target
2024 ₹350 ₹397
2025 ₹400 ₹435
2026 ₹440 ₹465
2027 ₹470 ₹480
2028 ₹490 ₹535
2029 ₹540 ₹565
2030 ₹570 ₹600

Jupiter Wagons Shareholding Pattern

Promoters Holding
Dec 2022 74.62%
Mar 2023 74.62%
June 2023 72.37%
Sept 2023 72.37%
Dec 2023 70.12%
FII Holding
Dec 2022 0.02%
Mar 2023 0.01%
June 2023 0.27%
Sept 2023 0.86%
Dec 2023 1.26%
DII Holding
Dec 2022 2.15%
Mar 2023 1.49%
June 2023 2.26%
Sept 2023 1.01%
Dec 2023 2.05% 
Public Holding
Dec 2022 23.21%
Mar 2023 23.88%
June 2023 25.10%
Sept 2023 25.77%
Dec 2023 26.55%

Jupiter Wagons Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019 ₹ 216 Cr
2020 ₹ 126 Cr
2021 ₹ 996 Cr
2022 ₹ 1,178 Cr
2023 ₹ 3,240 Cr

Last 5 Years’ Net Profit:

2019 ₹ 89 Cr
2020 ₹ -0 Cr
2021 ₹ 54 Cr
2022 ₹ 50 Cr
2023 ₹ 269 Cr

Last 3 Years’ Debt-To-Equity Ratio:

Last 10 Years’ Profit Growth:

10 Years: 21%
5 Years: 40%
3 Years: 174%
Current Year: 173%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years: 11%
3 Years: 13%
Last Year: 17%

Last 10 Years’ Sales Growth:

10 Years: 15%
5 Years: 84%
3 Years: 154%
Current Year: 88%

Conclusion

This article is a complete guide about Jupiter Wagons Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We provide timely updates about the stock market and financial products to help you make better investment choices. Do your research before any investment.

careermotto

A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.

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