Jupiter Wagons Share Price in Focus After Subsidiary Acquires Land for Railwheel Plant

Jupiter Wagons share price is in the spotlight today after its subsidiary, Jupiter Tatravagonka Railwheel Factory Pvt. Ltd. (JTRF), acquired land in Haldiapada, Khordha, Odisha. The company plans to set up India’s first private-sector Railwheel and axle forging plant.

Stock Performance

As of April 4, 2025, Jupiter Wagons share price is trading at ₹364.65, down 3.13% for the day. Over the past month, the stock has gained 24.56%, while it has declined 25.77% in the last 6 months and 6.13% over the past year. However, over the last 5 years, the stock has surged by an impressive 587.37%. 

It reached a 52-week high of ₹748.10 and a 52-week low of ₹270.05. The company’s market capitalisation stands at ₹15,750 crore.

Investment Plans and Production Capacity

Jupiter Tatravagonka plans to invest ₹2,500 crore in multiple phases over the next few years to build the new plant. The facility will have the capacity to produce 100,000 forged wheelsets annually, catering to both domestic and international markets. Nearly 50% of the production is planned for export, mainly to Tatravagonka A.S., a Slovakian rail infrastructure company, and other European clients.

About Jupiter Wagons

Jupiter Wagons is engaged in manufacturing railway wagons, wagon components, and castings in India. Its integrated facilities produce railway wagons, high-speed bogies, and railway castings.

Conclusion

With this strategic expansion, Jupiter Wagons aims to strengthen its position in the railway manufacturing sector while boosting exports to global markets.

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