India's Jupiter Wagons jumps on $116 mln order win

Jupiter Wagons

07/03/2024 04:03

** Shares of Jupiter Wagons  JUWL.NS  up 6%, easing slightly
from gains of 9.9% in early minutes of trade
    ** Railway coach maker on Wednesday said it won a contract
worth 9.57 bln rupees ($115.6 mln) from the Ministry of Railways
    ** Order is for manufacturing and supplying 2,237 broad
gauge open stock mineral wagons
    ** Stock posts biggest intraday pct gain since last July
    ** JUWL up 20.7% so far this year

($1 = 82.8050 Indian rupees)

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))