Gave 434% return in 3 years, now the company got an order of 242 crores, stock rises

News Topical, Digital Desk : Jupiter Wagons Ltd., a company that works on overall mobility solutions in rail, road and sea transport, has given important information in a filing to the exchange. The company said in the filing that it has received a big order worth Rs 242.41 crore from GATX India Private Limited. Under this contract, Jupiter Wagons has to manufacture and supply 583 special types of wagons.

The contract covers different types of wagons such as BLSS, ACT2, BOXNHL and BVCM, which are specially designed for heavy cargo, SUV cars and container loading. These wagons are built with high capacity and durable construction for long distances, which suit the changing needs of India's freight logistics infrastructure.

According to the information received, these special wagons include: BLSS (Container Carrier Wagon): Designed for ISO containers, with high axle load capacity and better payload-to-toure ratio, which improves intermodal logistics and port-to-territory connectivity. 

ACT2 (Two Level SUV Carrier): Specially designed for safe and efficient transportation of SUV cars, in which up to 10 SUVs can be loaded in one wagon. Its design ensures vehicle protection and fast loading / unloading. BOXNHL (High Capacity Open Wagon): Ideal for heavy commodities like coal, iron ore, designed for tippler unloading and capable of carrying loads of more than 70 tonnes. This contract further strengthens Jupiter Wagons' expertise and ability to handle large-scale special projects. The company has said that they will fulfill this order with high quality and security standards keeping in mind innovation, efficiency and customer satisfaction.

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