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Sensex Today Rallies 1,074 Points | Nifty Above 24,000 | Jupiter Wagons Up 7% - Equitymaster
Sensex Today Rallies 1,074 Points | Nifty Above 24,000 | Jupiter Wagons Up 7%Equitymaster
Sensex Today Rallies 1,074 Points | Nifty Above 24,000 | Jupiter Wagons Up 7% - Equitymaster
Sensex Today Rallies 1,074 Points | Nifty Above 24,000 | Jupiter Wagons Up 7%Equitymaster
Titagarh Rail, Jupiter Wagons Surge 9%: Stocks In Focus On Reported Rs 40,000 Crore Indian Railways Order
According to media reports, Indian Railways is expected to issue a tender for around 1 lakh freight wagons over the next three to four years, with annual procurement likely to range between 35,000 and 40,000 wagons.
Jupiter Electric Mobility signs MoUs for BESS projects
Jupiter Electric Mobility (JEM), a subsidiary of Jupiter Wagons (JWL), today announced the signing of formal MoUs with Chalukya Power and Pickrenew Energy, two of India's marquee renewable energy developers. The agreements add 110 MWh of Battery Energy Storage System (BESS) business, comprising a mix of Utility-scale and Commercial and Industrial (C&I) deployments, to JEM Energy's orderbook for FY 2026-27.
Jupiter Wagons share jumps 10% as arm secures 110 MWh BESS orders
The buying on the counter came after Jupiter Electric Mobility Private Limited (JEM Energy), a subsidiary of Jupiter Wagons, signed a memoranda of understanding (MoUs) with Chalukya Power and Pickrene
Jupiter Wagons jumps as arm signs BESS deals worth 110 MWh
Jupiter Wagons rose 4.01% to Rs 288.10 after its subsidiary, Jupiter Electric Mobility (JEM), signed strategic agreements with renewable energy firms Chalukya Power and Pickrenew Energy for Battery Energy Storage System (BESS) projects.
Titagarh, Jupiter Wagons shares rally up to 10% amid reports of Rs 40,000 crore order from Indian Railways
Railway stocks surged up to 10% on Monday. Indian Railways is preparing a large tender for one lakh freight wagons. This procurement is expected over the next three to four years. The tender could be worth Rs 40,000 crore. This news boosts companies like Jupiter Wagons, Titagarh Rail Systems, and Texmaco Rail & Engineering. Investors are watching these developments closely.
Jupiter Wagons eyes global expansion with BESS, wagon exports
Jupiter Wagons aims to double revenues by 2028-29, also tapping into new mobility solutions and international partnerships.
Railway wagon stocks in focus; Texmaco, Jupiter, Titagarh soar up to 13%
Titagarh Rail Systems soared 13 per cent to ₹870 in intraday on the back of a 10-fold jump in trading volumes. Texmaco Rail & Engineering surged 8 per cent, while Jupiter Wagons gained 7 per cent .
Jefferies initiates contrasting calls on two railway stocks; flags 32% upside in one, downside risk in other
Jefferies remains bullish on railway rolling stocks as it sees a 10% FY26-30E CAGR in sectoral spending. It believes Titagarh Rail is better suited to capture this growth compared with Jupiter Wagons.
Here's why Jefferies sees 32% upside on one railway stock but 22% downside in another
11 out of the 12 analysts that have coverage on Titagarh Rail have a "buy" rating on the stock, while the other one has a "hold" rating, while six analysts cover Jupiter Wagons, with two having a "buy" rating, three recommending a "hold", while one has a "sell" rating on the stock.
Jefferies initiates coverage on 2 rail stocks, says Titagarh can rally 32%
Jefferies initiated coverage on rail rolling stock makers, recommending a Buy for Titagarh Rail Systems with an Rs 810 target, citing strong passenger and metro coach demand. Conversely, it issued an Underperform rating for Jupiter Wagons with a Rs 200 target, citing its freight-heavy business and slower growth prospects.