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HomeNewsBusinessMarketsJupiter Wagons shares surge up to 13% on receiving LoI for Vande Bharat wheelsets

Jupiter Wagons shares surge up to 13% on receiving LoI for Vande Bharat wheelsets

Jupiter Wagons shares touched an intraday high of Rs 371.80 per share on the NSE, rising 12.72 percent. The stock had opened with a gain of 6.11 percent.

August 21, 2025 / 10:48 IST
Jupiter Wagons, RailTel shares surge up to 14% intraday on order win.
     
     
    26 Aug, 2025 12:21
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    Jupiter Wagons shares snapped previous day's losses to surge up to 13 percent in August 21 trading session after the company received Letter of Interest (LoI) for an order worth Rs 215 crore for supply of Vande Bharat wheelsets.

    Shares of Jupiter Wagons touched an intraday high of Rs 371.80 per share on the NSE, rising 12.72 percent. The stock had opened with a gain of 6.11 percent today and continued its upward trajectory.

    The company in an exchange filing, said "Jupiter Tatravagonka Railwheel Factory Private Limited, has received a Letter of Intent (LOI) dated 19th August 2025, for supply of total 5,376 wheelsets for Vande Bharat Train for an order value of approximately Rs. 215 crores."

    Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

    Moneycontrol News
    first published: Aug 21, 2025 10:25 am

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