Business Update2 Nov 2026, 04:52 pm
Jupiter Wagons Secures ₹324 Cr Wagon Orders
AI Summary
Jupiter Wagons Ltd has received a Letter of Intent (LOI) from GATX India Private Limited for 10 rakes of ACT2 Wagons valued at INR 215 crore (inclusive of taxes). Additionally, the company secured an order from Chetak International Private Limited for 5 rakes of ACT2 Wagons, valued at INR 109 crore (inclusive of taxes). The combined order value of INR 324 crore (inclusive of taxes) significantly bolsters the company's order book and reinforces its standing in the railway rolling stock manufacturing sector.
Key Highlights
- Received LOI for 10 rakes of ACT2 Wagons from GATX India.
- Secured order for 5 rakes of ACT2 Wagons from Chetak International.
- Total order value aggregates to INR 324 crore.
- Strengthens order book and market position in rolling stock manufacturing.
Price Impact
More from JWL