Jupiter Wagons shares jump 6% after firm secures long-term European export supply order

Jupiter Wagons shares jumped more than 6% during the trading session on Wednesday, May 27, after the company’s subsidiary secured a long-term export supply order from the European railway wagon manufacturer, Tatravagonka, for the next 10 years, according to an exchange filing.

“Jupiter Tatravagonka Railwheel Factory Pvt. Ltd has entered into a definitive long-term supply agreement with the leading European rail wagon manufacturer Tatravagonka a.s. for the supply of rail wheels, axles, and wheelsets,” the company informed the stock exchanges.

After the order book update, Jupiter Wagons shares surged 6.47% to their intraday high of ₹308.50 during Wednesday’s trading session, compared to ₹289.75 at the previous market session, as per NSE data.

As of 3:04 pm, Jupiter Wagon shares were trading 2.67% higher at ₹297.50 on Wednesday, compared to the previous market close.

Export order details

As per the exchange filing, Jupiter Wagon will supply rail wheels, axles, and wheelsets to the European company from its greenfield manufacturing plant in Odisha, which has an annual capacity of one lakh wheelsets.

The company aims to export around 50,000 wheelsets annually to the European market as part of the agreement for the next 10 years. The supply is estimated to start from the end of the calendar year 2027.

“The greenfield Odisha plant will cater to this demand and has been purpose-built with a state-of-the-art design and engineering capabilities. With an estimated investment of ₹3,000 crore, the facility is being designed with a planned annual production capacity of 100,000 wheelsets and will cater to both domestic and international demands,” the company said.

Jupiter Wagon share price

Jupiter Wagon shares have delivered more than 1,339% returns on their investment in the last five years, and over 124% gains in the last three years, according to NSE data. However, the company’s stock has lost 25% in the past one year.

So far in 2026, the company’s stock has lost 11% year-to-date, but the shares have gained nearly 3% in the last one month period. The stock was trading 9.6% higher over the last five market sessions.

Shares of Jupiter Wagon surged to its 52-week high of ₹419.40 on May 28, 2025, while the 52-week low was at ₹235.65 on March 30, 2026, according to the exchange data. The company’s market capitalisation (m-cap) was at ₹12,697 crore as of the trading session on Wednesday, May 27, 2026.