Stock Report

Jupiter Wagons Wins Orders Worth Over Rs. 211 Crore from JSW Port Logistics and Orissa Alloy Steel Private Limited



Posted On : 2026-08-10 22:30:52( TIMEZONE : IST )

Jupiter Wagons Wins Orders Worth Over Rs. 211 Crore from JSW Port Logistics and Orissa Alloy Steel Private Limited

Jupiter Wagons Limited, a provider of comprehensive mobility solutions encompassing rail, road and marine transportation, has secured two significant orders worth over Rs. 211 Crore from JSW Port Logistics Private Limited and Orissa Alloy Steel Private Limited (OASPL), reinforcing its position as a trusted partner in India's evolving freight logistics sector while strengthening its presence across the private wagon ownership and leasing ecosystem.

Jupiter Wagons has signed a Rs. 147.11 crore Letter of Intent (LoI) with JSW Port Logistics Private Limited for the manufacture and supply of 7 BOSM rakes comprising 329 BOSM wagons.

This is Jupiter Wagons' second order from the JSW Group in just six weeks a clear signal of the confidence one of India's largest industrial conglomerates continues to place in the Company's execution capability, following its earlier Rs. 122.88 crore order from JSW (South) Rail Logistics Private Limited in June 2026.With this latest win, Jupiter Wagons' cumulative order intake from the JSW Group alone now stands at approximately Rs. 270 crore in under two months.

In a separate development, Orissa Alloy Steel Private Limited (OASPL) has placed a Purchase Order on Jupiter Wagons for the manufacture and supply of 150 wagons, under the LSFTO Scheme. The order is valued at Rs. 64.16 crore.

Together, the two orders have a combined value of about Rs. 211.27 crore (incl GST) 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 Port Logistics and Orissa Alloy Steel Private Limited add further momentum to Jupiter Wagons' growth journey and reaffirm the trust private sector players continue to place in our manufacturing strength and execution track record. As India's rail freight ecosystem sees rising private investment and ownership of rolling stock, Jupiter Wagons sees continued opportunities across this evolving landscape. Demand for efficient, specialised and high-capacity rolling stock keeps rising, and we remain committed to meeting it through advanced wagon solutions that improve logistics efficiency, reduce turnaround times, and support India's broader infrastructure and economic growth story."

These orders reflect Jupiter Wagons' growing traction with private sector customers and reinforce the Company's role as a preferred manufacturing partner for specialised, high-capacity wagon platforms. Backed by its integrated manufacturing footprint and a broad-based product portfolio, Jupiter Wagons remains focused on scaling capacity and execution capability to meet the accelerating demand for rolling stock across India's rail freight and logistics landscape.

Shares of Jupiter Wagons Limited was last trading in BSE at Rs. 257.35 as compared to the previous close of Rs. 259.90. The total number of shares traded during the day was 56085 in over 1121 trades.

The stock hit an intraday high of Rs. 262.20 and intraday low of 257.00. The net turnover during the day was Rs. 14480187.00.

Source : Equity Bulls

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