Jupiter Wagons bags orders worth over Rs. 264 Crore from JSW South Rail Logistics and Central Warehousing Corporation

Jupiter Wagons Limited, a provider of comprehensive mobility solutions encompassing rail, road and marine transportation, has secured two significant orders from JSW (South) Rail Logistics Private Limited and Central Warehousing Corporation (CWC), reinforcing its position as a trusted partner in India's evolving freight logistics sector while strengthening its presence across both private and public sector customers.

Jupiter Wagons has signed a Letter of Intent (LoI) with JSW (South) Rail Logistics Private Limited for the manufacture and supply of 5 BFNSM1 rakes along with BVCM wagons. The order is valued at Rs. 122.88 crore and is scheduled to be executed within seven months from the date of signing of the LoI. In addition, it will also be supplying 2 BFNV wagons to JSW pursuant to its earlier requirements.

In a separate development, Central Warehousing Corporation (CWC), a Government of India enterprise, has awarded Jupiter Wagons a contract for the manufacture and supply of 8 BLSS rakes comprising 32 BLSS-A wagons, 352 BLSS-B wagons and 8 brake vans. The contract is valued at Rs. 141.44 crore and is expected to be completed within one year from the date of the Letter of Award (LoA).

Together, the two orders have a cumulative value of approximately Rs. 264.32 crore and further strengthen Jupiter Wagons' order book while underscoring the growing demand for modern freight transportation solutions across industrial and logistics sectors.

Commenting on the development, Mr. Vivek Lohia, Managing Director, Jupiter Wagons Limited, said: "These order wins from JSW (South) Rail Logistics and Central Warehousing Corporation further strengthen our growth momentum and reflect the continued confidence of leading logistics and infrastructure organisations in Jupiter Wagons' manufacturing capabilities and execution excellence. As India continues to invest in rail-led logistics, multimodal connectivity and freight infrastructure, we see sustained opportunities across both public and private sector customers. The demand for efficient, specialised and high-capacity rolling stock continues to grow. We are committed to supporting this transition through advanced wagon solutions that enhance logistics efficiency, improve turnaround times and contribute to the nation's infrastructure and economic growth objectives."

The orders align with Jupiter Wagons strategic focus on strengthening India's rail freight capabilities through innovative wagon platforms tailored to evolving customer requirements. With robust manufacturing facilities and a diversified product portfolio, Jupiter Wagons continues to play a key role in supporting the modernization of the nation's transportation and logistics infrastructure.

Shares of Commercial Engineers & Body Builders Co Limited was last trading in BSE at Rs. 263.00 as compared to the previous close of Rs. 267.75. The total number of shares traded during the day was 177689 in over 4997 trades.

The stock hit an intraday high of Rs. 270.60 and intraday low of 260.80. The net turnover during the day was Rs. 46909772.00.

Source : Equity Bulls

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