# JWL (JWL) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/jwl

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹229.76
- Change: -0.64%
- As of: 2026-09-18
- 1D return: -0.48%
- 5D return: -4.73%
- 1M return: -7.24%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, JWL is trading at ₹230.13, exhibiting a bearish technical stance across daily, weekly, and monthly timeframes. The daily trend shows the price below key moving averages including the 20-day EMA (₹240.28) and 50-day SMA (₹249.3), with a bearish Supertrend at ₹249.56. This bearish sentiment extends to the weekly and monthly views, where the price is also below its respective moving averages and Supertrend indicators, indicating a consistent downtrend across multiple periods. The stock has recently experienced an extreme downward anomaly on September 15, 2026, with a return of -4% on a wide intraday range.

Nearest support is observed at ₹228.68, approximately 0.63% below the current price, followed by ₹226.13. Resistance is noted at ₹231.22 (a pivot level), about 0.47% above the current price, with further resistance at ₹233.77. The stock's current position is near the lower end of its recent trading range, with a distance of 0.01 from the available low and -0.55 from the available high. The annualized volatility stands at 47%, and the current drawdown is -55%, highlighting elevated risk.

Key watch conditions include monitoring the price action around the ₹228.68 support level. A break below this could signal further downside. Conversely, a sustained move above the ₹231.22 resistance level, particularly with increased volume, would be needed to challenge the prevailing bearish trend. The formation of an 'Outside Bar' on the daily chart on September 18, 2026, suggests potential for increased volatility.

- The stock's current price is ₹230.13 as of September 18, 2026.
- Bearish technical signals are present across daily, weekly, and monthly timeframes.
- Nearest support is at ₹228.68, with resistance at ₹231.22.
- The stock has experienced an extreme downward anomaly on September 15, 2026.
- Watch for price action around ₹228.68 support and ₹231.22 resistance levels.

- Outside Bar
- Harami
- Inside Bar

### News Context

Jupiter Wagons Limited announced several key developments in the week ending September 18, 2026. The company informed the exchange on September 15, 2026, about the incorporation of a new subsidiary, Jupiter Rail Mobility Private Limited (JRMPL), on September 3, 2026. JRMPL, focused on the railway and engineering industry, has an authorized share capital of ₹15,00,000 and a paid-up share capital of ₹1,00,000, with Jupiter Wagons holding a 99.9% stake. Earlier, on September 8, 2026, the company announced it had secured a significant order worth over ₹97.66 crore from GATX India Private Limited for the manufacture and supply of BFNS22.9 rakes. This order is noted as strengthening Jupiter Wagons' position within India's private wagon leasing sector. Additionally, the company provided updates regarding its upcoming 46th Annual General Meeting (AGM) scheduled for September 29, 2026. Notices concerning the dispatch of the Annual Report and the AGM agenda were published on September 6, 2026. The AGM agenda includes proposals for the re-appointment of existing directors, the appointment of new independent directors, and alterations to the company's Object Clause to include power generation, transmission, and energy storage businesses.

- On September 15, 2026, Jupiter Wagons Limited announced the incorporation of its subsidiary, Jupiter Rail Mobility Private Limited, on September 3, 2026, with an authorized capital of ₹15,00,000.
- The company secured an order valued at over ₹97.66 crore from GATX India Private Limited for wagon supply, as announced on September 8, 2026.
- Jupiter Wagons Limited published notices on September 6, 2026, regarding its 46th Annual General Meeting scheduled for September 29, 2026.
- The AGM agenda includes proposals for director re-appointments and appointments, and expanding the company's business scope to include power generation and energy storage.
- September 22, 2026, was set as the Record Date for the AGM, as announced on September 5, 2026.

- Jupiter Wagons Limited has informed the Exchange about incorporation of a subsidiary |SUBJECT: General Updates
- Jupiter Wagons Limited has informed the Exchange regarding a press release dated September 08, 2026, titled "Jupiter Wagons Bags Order Worth Over Rs. 97.66 Crore from GATX India Private Limited". |SUBJECT: Press Release
- Jupiter Wagons Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Jupiter Wagons Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 29, 2026 |SUBJECT: Shareholders meeting
- Jupiter Wagons Limited has informed the Exchange that Record date for the purpose of Annual General Meeting is 22-Sep-2026. |SUBJECT: Record Date

### What Changed

As of September 18, 2026, Jupiter Wagons (JWL) on the NSE has experienced a slight price decrease, moving from ₹231.23 to ₹230.13. The available evidence does not indicate any new filings or news developments for the company as of the report date. The company's profile as Jupiter Wagons, listed on the NSE, remains unchanged from prior context.

- On September 18, 2026, the price of Jupiter Wagons (JWL) on the NSE was ₹230.13, down from ₹231.23 on the previous observation date.
- No new filings or news developments for Jupiter Wagons were reported as of September 18, 2026.
- The company continues to be identified as Jupiter Wagons, listed on the NSE.

### Official Filings

Jupiter Wagons Limited has announced the incorporation of a new wholly-owned subsidiary, Jupiter Rail Mobility Private Limited (JRMPL), on September 3, 2026. JRMPL is established in the railway and engineering sector with an authorized share capital of ₹15,00,000 and a paid-up share capital of ₹1,00,000. Operations have not yet commenced, and therefore, no turnover has been reported for JRMPL.

In a separate development, the company secured a significant order on September 8, 2026, from GATX India Private Limited. This Wagon Purchase Agreement is valued at over ₹97.66 crore (including applicable tax) for the manufacture and supply of BFNS22.9 rakes. This order is noted as strengthening Jupiter Wagons' position within India's private wagon leasing sector, aligning with the Indian Railways' Wagon Leasing Scheme.

The company is also preparing for its 46th Annual General Meeting (AGM) scheduled for September 29, 2026. Key agenda items include the re-appointment of existing directors, the appointment of new independent directors, and the approval of remuneration for a Non-Executive Director. Shareholders will also vote on proposed alterations to the company's Object Clause to include power generation, transmission, and energy storage businesses, alongside adopting a new Memorandum and Articles of Association. The meeting will also address the utilization of funds raised through a Qualified Institutions Placement in December 2023.

- On September 3, 2026, Jupiter Wagons Limited incorporated a new subsidiary, Jupiter Rail Mobility Private Limited (JRMPL), with an authorized capital of ₹15,00,000.
- On September 8, 2026, the company announced an order worth over ₹97.66 crore from GATX India Private Limited for wagon supply.
- The 46th Annual General Meeting is scheduled for September 29, 2026, with September 22, 2026, set as the record date.
- Shareholder approval will be sought at the AGM to expand the company's business scope to include power generation, transmission, and energy storage.
- The AGM agenda includes the re-appointment of directors and the appointment of new independent directors.

- Jupiter Wagons Limited has informed the Exchange about incorporation of a subsidiary |SUBJECT: General Updates
- Jupiter Wagons Limited has informed the Exchange regarding a press release dated September 08, 2026, titled "Jupiter Wagons Bags Order Worth Over Rs. 97.66 Crore from GATX India Private Limited". |SUBJECT: Press Release
- Jupiter Wagons Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Jupiter Wagons Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 29, 2026 |SUBJECT: Shareholders meeting
- Jupiter Wagons Limited has informed the Exchange that Record date for the purpose of Annual General Meeting is 22-Sep-2026. |SUBJECT: Record Date
- Jupiter Wagons Limited has informed the Exchange regarding 'Letter to the Members pursuant to Regulation 36(1)(B) of SEBI (LODR) Regulations, 2015'. |SUBJECT: Updates
- JUPITER WAGONS LIMITED has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 29-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL
- AS ON DATE : 05-SEP-26
- Jupiter Wagons Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication

### Fundamentals

Jupiter Wagons Limited (JWL) reported a sequential decline in revenue from operations for the first quarter of fiscal year 2026-27 (Q1 FY27), reaching ₹670.74 crore. This follows a decrease in the preceding quarter (Q4 FY26) to ₹780.15 crore, from ₹890.36 crore in Q3 FY26. The company's expenses also followed a similar trend, decreasing sequentially from ₹809.54 crore in Q3 FY26 to ₹641.97 crore in Q1 FY27. Profit before tax (PBT) saw a significant sequential reduction, falling from ₹90.04 crore in Q3 FY26 to ₹37.91 crore in Q1 FY27. Consequently, profit for the period (PAT) also declined sequentially, from ₹62.35 crore in Q3 FY26 to ₹26.19 crore in Q1 FY27. Finance costs remained relatively stable, hovering around ₹16-18 crore across the reported periods.

The observed trend indicates a contraction in both revenue and profitability on a sequential basis. While expenses have also decreased, the decline in revenue appears to have outpaced the reduction in costs, leading to lower profit margins and absolute profit figures. Investors may wish to monitor the company's ability to reverse this revenue decline and improve operating leverage in the upcoming quarters.

- Revenue from operations decreased sequentially to ₹670.74 crore in Q1 FY27 from ₹780.15 crore in Q4 FY26 and ₹890.36 crore in Q3 FY26.
- Expenses also declined sequentially, from ₹809.54 crore in Q3 FY26 to ₹641.97 crore in Q1 FY27.
- Profit Before Tax (PBT) fell sequentially to ₹37.91 crore in Q1 FY27 from ₹58.31 crore in Q4 FY26 and ₹90.04 crore in Q3 FY26.
- Profit for the period (PAT) decreased sequentially to ₹26.19 crore in Q1 FY27 from ₹27.21 crore in Q4 FY26 and ₹62.35 crore in Q3 FY26.
- Finance costs remained relatively consistent, reported at ₹18.46 crore in Q3 FY26, ₹16.48 crore in Q4 FY26, and ₹17.49 crore in Q1 FY27.

### Bear Case

Jupiter Wagons' technical indicators suggest a prevailing bearish trend across multiple timeframes. The daily, weekly, and monthly trends are all indicated as bearish by the Supertrend indicator. Furthermore, the company's stock has experienced significant drawdowns, with a current drawdown of -55% and a maximum drawdown of -55%, indicating substantial value erosion from its peak. Recent performance also shows negative returns across various periods, including a -33% return over the last year and -32% year-to-date. The stock is trading below its key moving averages, with the daily close at ₹230.13 below the 20-day EMA of ₹240.28 and the 50-day EMA of ₹249.0. Similarly, the weekly close is below its 20-day EMA (₹257.62) and 50-day EMA (₹285.29), and the monthly close is below its 20-day EMA (₹300.87) and 50-day SMA (₹307.07).

- The Supertrend indicator signals a bearish trend on daily, weekly, and monthly timeframes as of 2026-09-18.
- The stock has experienced a current and maximum drawdown of -55%.
- Jupiter Wagons has recorded negative returns over multiple periods, including -33% in the last year and -32% year-to-date.
- The closing price of ₹230.13 on 2026-09-18 is below the 20-day EMA (₹240.28) and 50-day EMA (₹249.0) on a daily basis.

### FAQs

**What are the recent significant business developments for Jupiter Wagons?**

Jupiter Wagons Limited secured an order worth over ₹97.66 crore from GATX India Private Limited on September 8, 2026, for manufacturing and supplying BFNS22.9 rakes. This order aligns with the Indian Railways' Wagon Leasing Scheme. Additionally, the company informed on September 15, 2026, about the incorporation of a new subsidiary, Jupiter Rail Mobility Private Limited (JRMPL), on September 3, 2026, to operate in the railway and engineering industry. JRMPL has an authorized share capital of ₹15,00,000 and a paid-up share capital of ₹1,00,000.

**What key corporate actions are scheduled for Jupiter Wagons?**

Jupiter Wagons Limited will hold its 46th Annual General Meeting (AGM) on September 29, 2026, conducted via video conference. The record date for this meeting was set as September 22, 2026. The AGM agenda includes seeking shareholder approval for the re-appointment of Managing Director Vivek Lohia and Deputy Managing Director Vikash Lohia for five-year terms starting May 30, 2027, along with the re-appointment of Independent Directors. The company also plans to seek approval for appointing new Independent Directors, fixing remuneration for a Non-Executive Director, and altering the company's Object Clause to include power generation, transmission, and energy storage businesses.

**What is the recent stock performance and technical trend for Jupiter Wagons?**

As of September 18, 2026, Jupiter Wagons' stock is trading at ₹230.13. The stock has experienced negative returns across various periods, including a -33% return over the last year and a -32% year-to-date return. Technical indicators show a bearish trend on daily, weekly, and monthly timeframes, with the Supertrend indicator suggesting a bearish direction on all these periods. The daily closing price of ₹230.13 is below its 20-day Exponential Moving Average (EMA) of ₹240.28 and its 50-day EMA of ₹249.0.

- Jupiter Wagons Limited has informed the Exchange about incorporation of a subsidiary |SUBJECT: General Updates
- Jupiter Wagons Limited has informed the Exchange regarding a press release dated September 08, 2026, titled "Jupiter Wagons Bags Order Worth Over Rs. 97.66 Crore from GATX India Private Limited". |SUBJECT: Press Release
- Jupiter Wagons Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Jupiter Wagons Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 29, 2026 |SUBJECT: Shareholders meeting
- Jupiter Wagons Limited has informed the Exchange that Record date for the purpose of Annual General Meeting is 22-Sep-2026. |SUBJECT: Record Date
## Technical analytics

- As of: 2026-09-18
- Daily trend: Strong Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹231.22
- Risk regime: Higher Price Risk

### Support levels
- 228.68
- 226.13
- 223.59

### Resistance levels
- 279.71500000000003
- 319.9078125
- 329.68125

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -0.48% |
| return_10 | -4.55% |
| return_1m | -8.21% |
| return_1y | -33.26% |
| return_20 | -7.24% |
| return_3m | -17.66% |
| return_5 | -4.73% |
| return_6m | -15.08% |
| return_since_start | -54.61% |
| return_ytd | -31.73% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -55.11% |
| annualized_volatility | +47.15% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue expands year-on-year while profitability contracts amid rising costs

In the first quarter of fiscal 2026-27, Jupiter Wagons reported revenue of ₹670.74 crore, a 46% increase compared to the same period last year. Despite this top-line growth, net profit declined by 16% to ₹26.19 crore. The divergence occurred because total expenses grew at a faster rate than revenue, compressing profit margins. Additionally, revenue and profit both decreased sequentially from the previous quarter, continuing a downward trend from the peak recorded in the third quarter of the prior fiscal year.

## Revenue Trajectory and Seasonality

Revenue for the quarter ended 30 June 2026 stood at ₹670.74 crore. This figure

### Ratios

## Official filings

- 2026-09-15 — Generic Announcement: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CEBBCO_15092026165450_SEREG30.pdf)
- 2026-09-08 — Press Release: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CEBBCO_08092026133615_SEPRESSRELEASE08092026.pdf)
- 2026-09-07 — Generic Announcement: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CEBBCO_07092026130407_senewspaperpost.pdf)
- 2026-09-05 — Generic Announcement: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CEBBCO_05092026125244_SEAGMNOTICE2026.pdf)
- 2026-09-05 — Generic Announcement: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CEBBCO_05092026132659_SEbookclosure2026.pdf)
- 2026-09-05 — Generic Announcement: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CEBBCO_05092026152237_SEWEBLINL2026.pdf)
- 2026-09-05 — Generic Announcement: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_3641_WebXMLFile_20260905_152128470.xml)
- 2026-09-05 — Generic Announcement: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_3641_WebXMLFile_20260905_151342416.xml)
- 2026-09-04 — Annual Report: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_31486_JWL_2025_2026_A_19895958_05092026130823.pdf)
- 2026-08-26 — Generic Announcement: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CEBBCO_26082026173034_senewspaper26082026.pdf)
- 2026-08-21 — Generic Announcement: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CEBBCO_21082026162908_SETRANSCRIPT30062026.pdf)
- 2026-08-18 — Generic Announcement: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CEBBCO_18082026183809_Investormeetoutcome17082026.pdf)
- 2026-08-17 — Generic Announcement: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CEBBCO_17082026134425_InvestorMeetntimation13082026.pdf)
- 2026-08-17 — Generic Announcement: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CEBBCO_17082026160131_SENEWSPAPER17082026.pdf)
- 2026-08-17 — Generic Announcement: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_3641_WebXMLFile_20260817_160624360.xml)
- 2026-08-14 — Generic Announcement: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CEBBCO_14082026190710_SEDEVIATIONQ130062026.pdf)
- 2026-08-14 — Earnings Presentation: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CEBBCO_14082026191738_SEINVESTORPRESENTATION.pdf)
- 2026-08-14 — Generic Announcement: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CEBBCO_14082026190314_SEmonitoringagencyreport30062026.pdf)
- 2026-08-14 — Generic Announcement: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CEBBCO_14082026183209_SEOUTCOME14082026.pdf)
- 2026-08-13 — Generic Announcement: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CEBBCO_13082026140819_SEINVESTORMEETQ12027.pdf)
- 2026-08-11 — Generic Announcement: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_3641_WebXMLFile_20260811_153424605.xml)
- 2026-08-10 — Press Release: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CEBBCO_10082026171921_Press_Release-_10-08-2026_II.pdf)
- 2026-08-10 — Press Release: Jupiter Wagons Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CEBBCO_10082026171910_Press_Release-_10-08-2026_I.pdf)
- 2026-08-04 — Generic Announcement: Jupiter Wagons Limited (JTRWF) has entered into transaction documents with Lucchini RS Holding S.p.A. and Simest S.p.A. (Investors) for an investment in JTRWF. The Investors will subscribe to 111,649,274 equity shares of JTRWF at INR 26 per share, acquiring a 25% stake plus one share. This transaction, effective August 4, 2026, establishes a strategic India-Italy railway partnership to build India's first fully integrated private-sector railwheel manufacturing platform. — [Official attachment](https://nsearchives.nseindia.com/corporate/CEBBCO_04082026172914_Reg3004082026lucchiniDisclosure.pdf)
- 2026-08-03 — Generic Announcement: Jupiter Wagons Limited acquired the remaining 1.94% equity stake in its material subsidiary, Jupiter Tatravagonka Railwheel Factory Private Limited (JTRWF), for a cash consideration of INR 165,296,352. This acquisition, completed on August 3, 2026, increased Jupiter Wagons Limited's shareholding in JTRWF to 100%, making it a wholly owned subsidiary. JTRWF, which operates in the railway and related industries manufacturing rolling stock components, reported a turnover of INR 521.64 Crores for the 2025-2026 financial year. — [Official attachment](https://nsearchives.nseindia.com/corporate/CEBBCO_03082026195500_SEpURCHASEOFSTAKE.pdf)

## News and market events

- 2026-09-08 — BUSINESSTODAY: **Jupiter Wagons wins Rs 98 crore order from GATX India; stock flat** — Jupiter Wagons, Jupiter Wagons shares, Jupiter Wagons stock, Jupiter Wagons order, Jupiter Wagons GATX order, GATX India, Jupiter Wagons share price, Jupiter Wagons BFNS22.9 rakes, Jupiter Wagons latest news, Jupiter Wagons Rs 97.66 crore order — [Source](https://www.businesstoday.in/markets/stocks/story/jupiter-wagons-wins-rs-98-crore-order-from-gatx-india-stock-flat-553936-2026-09-08)
- 2026-08-28 — The Hindu: **Buzzing stocks: Hero MotoCorp, Lenskart, Cipla, Wipro, Tejas Networks and more** — Explore recent developments in buzzing stocks including Lenskart, Hero MotoCorp, Cipla, and more in the market. — [Source](https://www.thehindubusinessline.com/markets/buzzing-stocks-hero-motocorp-lenskart-cipla-wipro-tejas-networks-and-more/article71398958.ece)
- 2026-08-20 — BUSINESSTODAY: **RVNL, IRCON, Jupiter Wagons, Titagarh Rail: Why railway stocks are rising today** — railway sector stocks, projects of Railways, rail sector stocks, Titagarh Rail System shares, Texmaco Rail, RVNL, IRCON International, Jupiter Wagons, IRFC, RITES, stock gainers, Four projects of Ministry of Railways — [Source](https://www.businesstoday.in/markets/stocks/story/rvnl-ircon-jupiter-wagons-titagarh-rail-why-railway-stocks-are-rising-today-550251-2026-08-20)
- 2026-08-19 — Economic Times: **Jefferies cuts target price for Jupiter Wagons, maintains Underperform after Q1 earnings. Here’s why** — Jefferies has cut its target price for Jupiter Wagons to Rs 185 from Rs 210 and retained its Underperform rating after weak Q1 earnings. The brokerage lowered FY27E-29E EPS estimates by 6%-20%, citing weaker wagon and wheelset sales, margin pressure and slower execution, while maintaining a positive view on the companys long-term wheel manufacturing opportunity. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/jefferies-cuts-target-price-for-jupiter-wagons-maintains-underperform-after-q1-earnings-heres-why/articleshow/133341991.cms)
- 2026-08-13 — Mint: **IRFC: Why the railway stock keeps falling despite record profit** — IRFC delivered its strongest-ever quarter, but a shrinking loan book, falling margins, government stake sales and a still-premium valuation are weighing on the stock. — [Source](https://www.livemint.com/market/stock-market-news/irfc-why-the-railway-stock-keeps-falling-despite-record-profit-11786551327127.html)
- 2026-08-11 — Economic Times: **Jupiter Wagons shares rise 4% after Rs 211 crore order wins, Rs 400 crore BESS project** — Jupiter Wagons marked a notable surge in share prices due to securing significant contracts for freight wagons and energy storage solutions. With orders exceeding Rs 211 crore from the JSW Group and OASPL, alongside two battery energy storage initiatives worth Rs 400 crore, the company aims to bolster its market share in India, targeting a Rs 1,000 crore BESS order book by FY27. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/jupiter-wagons-shares-rally-4-after-rs-211-crore-order-wins-rs-400-crore-bess-project/articleshow/133144988.cms)
- 2026-08-11 — CNBC-TV18: **Gland Pharma to Triveni Turbines: Top stocks to track in trade today** — Today, at market open, some Nifty 500 stocks rallied on strong earnings and bullish brokerage calls, while others slid on weak Q1 numbers. Here's a look at today's top gainers and losers at market open. — [Source](https://www.cnbctv18.com/photos/market/nifty-500-top-gainers-losers-market-open-gland-pharma-jubilant-pharmova-kec-oil-india-19966195.htm)
- 2026-08-11 — The Hindu: **Jupiter Wagons secures ₹400-crore BESS projects from WBSEDCL** — Jupiter Wagons wins two ₹400-crore BESS projects from WBSEDCL with 100 MW/400 MWh capacity, taking JEM Energy’s order book to 500 MWh. — [Source](https://www.thehindubusinessline.com/news/national/jupiter-wagons-wins-400-crore-battery-storage-projects-from-wbsedcl/article71329806.ece)
- 2026-08-04 — The Hindu: **Sensex today | Stock Market Live: Sensex gains 200 pts, Nifty down 140 pts to 24,600 as CAS correction weighs; LIC shares fall 7%; RBI policy, earnings in focus** — Sensex, Nifty, Share Prices LIVE: Benchmark indices opened Tuesday’s session on a weak note, with the Nifty 50 trading lower by 175 points and the Sensex slipping modestly, as markets corrected after Monday’s sharp rally that analysts attributed partly to a technical distortion from the new Closing Auction Session mechanism. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-4th-august-2026/article71301258.ece)
- 2026-08-04 — The Hindu: **Stocks to watch, August 4: LIC, Arvind, Paytm, Meesho among 8 stocks will be in focus today** — Key triggers for UPL, Jupiter Wagons, Kirloskar Pneumatic — [Source](https://www.thehindubusinessline.com/markets/stocks-to-watch-august-4-lic-arvind-paytm-meesho-among-8-stocks-will-be-in-focus-today/article71303744.ece)
- 2026-08-03 — CNBC-TV18: **Jupiter Wagons partners with Italy’s Lucchini RS to make railway wheels in India** — Jupiter Wagons has partnered with Italy’s Lucchini RS and investment firm SIMEST to build India’s first private-sector facility making railway wheels, axles and wheelsets under one roof. — [Source](https://www.cnbctv18.com/business/companies/jupiter-wagons-partners-with-italys-lucchini-rs-to-make-railway-wheels-in-india-19960928.htm)

## Business profile

**Strategic vision:** Manufactures railway freight wagons, components, and commercial vehicle load bodies.

### Business segments
- **Railway Rolling Stock and Components:** Manufactures various types of railway wagons, wagon accessories, and is developing passenger coaches and associated accessories.
- **Complete Track Solutions:** Provides complete track solutions including CMS crossings for Indian Railways, European Railways, and CMS AREMA frogs for American railroads.
- **Commercial Vehicle Load Bodies:** Manufactures application-based load bodies for commercial vehicles, including tipper bodies, tanker bodies, and various trailer bodies.
- **Containers:** Offers ISO marine containers, refrigerated containers, truck-mounted containers, and BESS containers.
- **Commercial Electric Vehicles:** Involved in commercial electric vehicles through its subsidiary, Jupiter Electric Mobility Pvt. Ltd., including models like the JEM-TEZ.

### Competitive strengths
- Provider of comprehensive mobility solutions.
- Manufacturer in India's railway sector.

## Related stocks

- [AIAENG (Engineering & Capital Goods)](https://faxioms.com/stocks/aiaeng) — -0.37%
- [AMBER (Engineering & Capital Goods)](https://faxioms.com/stocks/amber) — +1.38%
- [ASTRAL (Engineering & Capital Goods)](https://faxioms.com/stocks/astral) — +0.59%
- [CEMPRO (Engineering & Capital Goods)](https://faxioms.com/stocks/cempro) — +0.23%
- [CIEINDIA (Engineering & Capital Goods)](https://faxioms.com/stocks/cieindia) — +0.32%

## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/jwl
Markdown representation: https://faxioms.com/stocks/jwl?render=md