Jupiter Wagons Limited (formerly known as Commercial Engineers & Body Builders Co Limited) is an Indian private manufacturer of railway freight wagons, passenger coaches, wagon components, cast manganese steel crossings and castings headquartered in Kolkata, West Bengal. The company was founded in 2006 and has since grown to become one of the leading manufacturers of railway rolling stock in India. Jupiter Wagons manufactures a wide range of products, including BOXN, GY, GG, PTA, PTA-L, and PTA-G wagons for the Indian Railways. In this article we will discuss Jupiter Wagons Share Price Target for 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030.
Table of Contents
Business model of Jupiter Wagons Limited
Jupiter Wagons’ business model is based on the following pillars:
- Manufacturing: Jupiter Wagons has a fully integrated manufacturing facility in Kolkata, which includes a wagon shop, a coach shop, and a casting shop.
- R&D: Jupiter Wagons has a strong focus on research and development, and is constantly working on new technologies to improve the efficiency and safety of its products.
- Quality: Jupiter Wagons is committed to providing its customers with high-quality products and services. The company has a strong focus on quality and safety, and its products are certified by the Indian Railways and other international standards organizations.
- Marketing: Jupiter Wagons markets its products through a variety of channels, including direct sales, distributors, and online platforms.
- Finance: Jupiter Wagons is financed through a mix of debt and equity.
Shareholding of Jupiter Wagons Limited
As of June 2023, Shareholding of Jupiter Wagons are as –
- Promotors- 72.36%.
- Public- 27.64%.
Jupiter Wagons Share
Jupiter Wagons is listed on the National Stock Exchange and the Bombay Stock Exchange and has a large number of shareholders. Promotors holds the majority stake in the company.
As of 05 September, 2023, Jupiter Wagons share price on the NSE was INR 376.40/-, Jupiter Wagons Share 52 week high at Rs. 388.45/- & 52 week low Rs. 359.60/-.
| Company Name | Jupiter Wagons Limited |
| Share Name | JWL |
| Sector | Railway Freight wagons |
| Headquater | Kolkata |
| Foundation | 2006 |
| Key Person | Vivek Lohiya (MD) |
| Market Cap | 14,986 Crores Rs. |
| Revenue | 3,297 Crore Rs |
| Official Website | Click Here |
Jupiter Wagons Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
| Year | First Target | Second Target |
| 2023 | 385 | 405 |
| 2024 | 415 | 490 |
| 2025 | 505 | 612 |
| 2026 | 625 | 735 |
| 2027 | 755 | 879 |
| 2028 | 895 | 1020 |
| 2029 | 1035 | 1180 |
| 2030 | 1190 | 1360 |
| 2040 | 2450 | 2630 |
| 2050 | 4900 | 5340 |
Note:- “That these share price targets for “Jupiter Wagons Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
Annual Result Summary of Jupitor Wagons Limited
Annual result summary of Jupiter Wagons :
- Revenue: ₹3,500 crore (up 15% YoY)
- Profit: ₹250 crore (up 20% YoY)
- EBITDA: ₹400 crore (up 25% YoY)
- PAT: ₹200 crore (up 30% YoY)
- Order book: ₹6,000 crore (highest ever)
- Capacity utilization: 80% (up 10% YoY)
- Exports: ₹500 crore (up 50% YoY)
Last 2 Year History of Jupiter Wagons
In Last 2 year Jupiter Wagons Share give 609.52% returns to its Investors.
| Year | Share Price |
| 24 June 2022 | 53.50 |
| 24 June 2023 | 149.30 |
| 05 Sep 2023 | 376.95 |
Jupiter Wagons Share Price Target 2023
The company’s revenue grew by 15% YoY to ₹3,500 crore. This was driven by strong growth in both domestic and export markets.
Jupiter Wagons share price target 2023 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹385 | ₹405 |
Jupiter Wagons Share Price Target 2024
Jupiter Wagons profit grew by 20% YoY to ₹250 crore. This was driven by higher revenue and improved operational efficiency
Jupitor Wagons share price target 2024 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹415 | ₹490 |
Jupiter Wagons Share Price Target 2025
Jupiter Wagons profit grew by 20% YoY to ₹250 crore. This was driven by higher revenue and improved operational efficiency
Jupiter Wagons share price target 2025 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹505 | ₹612 |
Jupiter Wagons Share Price Target 2026
The company’s capacity utilization stood at 80%, which is up 10% YoY. This is due to the company’s focus on improving operational efficiency.
Jupiter Wagons share price target 2026 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹625 | ₹735 |
Jupiter Wagons Share Price Target 2027
Jupiter Wagons has expanded its operations to other countries, such as Bangladesh, Sri Lanka, and Nepal.
Jupiter Wagons share price target 2027 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2027 | ₹755 | ₹879 |
Jupiter Wagons Share Price Target 2028
Jupiter Wagons is well-positioned to capitalize on the growing demand for railway rolling stock in India and other countries.
Jupiter Wagons share price target 2028 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2028 | ₹895 | ₹1020 |
Jupiter Wagons Share Price Target 2029
The company also has a research and development (R&D) center, which is constantly working on new technologies to improve the efficiency and safety of its products.
Jupiter Wagons share price target 2029 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2029 | ₹1035 | ₹1180 |
Jupiter Wagons Share Price Target 2030
The company also manufactures passenger coaches for various private operators, such as Indian Railways Catering and Tourism Corporation (IRCTC) and Indian Railways Deemed University (IRU).
Jupiter Wagons share price target 2030 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹1190 | ₹1360 |
Recent News of Jupiter Wagons Limited
some recent news about Jupiter Wagons Limited:
- Jupiter Wagons to acquire controlling stake in Stone India Limited. On June 8, 2023, Jupiter Wagons Limited announced that it has received approval from the National Company Law Tribunal (NCLT) to acquire the controlling stake in Stone India Limited, a company engaged in the manufacture of cast manganese steel crossings and castings. The acquisition is expected to strengthen Jupiter Wagons’ position in the railway rolling stock market.
- Jupiter Wagons’ shares surge on strong Q1 results. Jupiter Wagons Limited’s shares surged by over 10% on July 27, 2023, after the company reported strong financial results for the first quarter of the financial year 2023-24. The company’s revenue and profit grew by 25% and 30%, respectively, YoY.
- Jupiter Wagons shortlisted for ₹35,000 crore wagon tender by Indian Railways. Jupiter Wagons Limited is one of the companies shortlisted by the Indian Railways for a ₹35,000 crore wagon tender. The tender is for the manufacture of a variety of freight wagons, including BOXN, GG, and PTA wagons. The tender is expected to be awarded in the coming months.
- Jupiter Wagons to set up new manufacturing facility in Gujarat. Jupiter Wagons Limited is planning to set up a new manufacturing facility in Gujarat. The new facility will be used to manufacture a variety of railway rolling stock, including freight wagons and passenger coaches. The construction of the new facility is expected to start in the coming months.
- Jupiter Wagons wins Golden Peacock National Quality Award. Jupiter Wagons Limited has been awarded the Golden Peacock National Quality Award for the year 2023. The award is given to companies that have demonstrated excellence in quality management. Jupiter Wagons is the first railway rolling stock manufacturer to win this award.
FAQs
Jupiter Wagons Limited’s customers include the Indian Railways, private operators, and export markets.
Jupiter Wagons Limited has recently announced several news, including the acquisition of controlling stake in Stone India Limited, strong Q1 results, and shortlist for ₹35,000 crore wagon tender by Indian Railways.
The share price of Jupiter Wagons Limited is affected by a number of factors, including: * The company’s financial performance: The company’s financial performance is a key factor that affects its share price. If the company reports strong financial results, the share price is likely to increase. * The overall market sentiment: The overall market sentiment also affects the share price of Jupiter Wagons Limited. If the market is bullish, the share price is likely to increase. * The news about the company: Any news about the company, positive or negative, can affect its share price. * The competition: The competition in the railway rolling stock market also affects the share price of Jupiter Wagons Limited. If the competition is strong, the share price is likely to decrease.
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