Jupiter Wagons Ltd share price rallied nearly 11% on August 21, 2025, after the company announced a major order win for the Vande Bharat Train project. The railway stock jumped as much as 10.95% to ₹366 per share on the BSE, driven by strong buying interest.
The surge in share price was backed by a sharp rise in trading volumes. Nearly 44 lakh shares of Jupiter Wagons were traded on the exchanges, significantly higher than its one-week average of 13 lakh shares.
The company confirmed that its material unlisted subsidiary, Jupiter Tatravagonka Railwheel Factory Pvt Ltd, has received a Letter of Intent (LOI) for supplying 5,376 wheelsets for Vande Bharat Trains. The order is valued at approximately ₹215 crore.
As of June 30, 2025, Jupiter Wagons’ order book stood at ₹5,972 crore, as per its latest investor presentation.
At 9:35 AM, Jupiter Wagons stock was trading 9.75% higher at ₹362 per share on the BSE, making it one of the top railway sector gainers of the day.