India's Jupiter Wagons rises on upbeat Q3 results

BEML

02/02/2024 08:15

** Shares of Jupiter Wagons Ltd  JUWL.NS  up 3% at 407.8
rupees
    ** Railway coaches maker reports 83% rise in Q3 consol net
profit, rev up ~40%
    ** JUWL's order book at 70.74 bln rupees at qtr end, up 24%
y/y
    ** Over 2.9 mln shares change hands, 1.6x the 30-day avg
volume
    ** Among major railway coach builders, JUWL has risen 28%
this year, the most after state-owned BEML  BEML.NS 


 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))