Jupiter Wagons Limited has secured two orders worth a combined Rs 264.32 crore from JSW (South) Rail Logistics Private Limited and Central Warehousing Corporation (CWC).
Jupiter Wagons signed a Letter of Intent with JSW (South) Rail Logistics for the manufacture and supply of 5 BFNSM1 rakes along with BVCM wagons, valued at Rs 122.88 crore. Jupiter Wagons will also supply 2 BFNV wagons to JSW under earlier requirements. Execution of the order is scheduled within seven months from the date of signing.
Central Warehousing Corporation, a Government of India enterprise, awarded Jupiter Wagons a contract for 8 BLSS rakes. The order comprises 32 BLSS-A wagons, 352 BLSS-B wagons and 8 brake vans. The contract is valued at Rs 141.44 crore and is expected to be completed within one year from the date of the Letter of Award.
Jupiter Wagons Managing Director Vivek Lohia said the order wins strengthen Jupiter Wagons' growth as India continues to invest in rail-led logistics, multimodal connectivity and freight infrastructure. He noted growing demand for specialised, high-capacity rolling stock from both public and private sector customers. Jupiter Wagons is focused on supporting this transition through advanced wagon solutions that improve logistics efficiency and turnaround times, he added.
Together, the two orders add approximately Rs 264.32 crore to Jupiter Wagons' order book. The orders cover the supply of specialised rakes and wagons for freight transportation, catering to both private industrial logistics and public sector warehousing needs. Jupiter Wagons manufactures freight wagons, locomotives, passenger coach accessories, braking systems and marine containers at facilities across Kolkata, Jamshedpur, Indore, Jabalpur and Aurangabad.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.