Jupiter Wagons: Arihant Capital Markets said the company is currently executing around 700 wagons per month and focused on 800/1000 wagons per month at the end of FY24E/FY25E respectively.
Shares of multibagger Jupiter Wagons Ltd have outperformed other railway stocks in the last six months. Jupiter Wagons stock has surged 253% in the last six months. The railway sector stock, which closed at Rs 89.86 on March 27, 2023 rose to Rs 317.60 on the BSE on September 27, 2023, delivering 253% returns to investors. On the other hand, Titagarh Rail Systems shares zoomed 223% and Texmaco Rail stock gained 208% since March 27.
Multibagger stock: The railway sector stock, which closed at Rs 16.25 on September 25, 2020 rose to Rs 317.60 on the BSE on September 27, 2023, delivering 1854% returns to investors.