Jupiter Wagons is a company which has been around since 1979. It provides mobility solutions in the form of freight wagons, locomotives, passenger & metro coaches, braking systems, commercial vessels, and marine containers. The company's manufacturing plants are located in Kolkata and Uttar Pradesh. The company's Jupiter Wagons Share Price Target has been increasing in the past one month. What are the company's plans for the next one and a half years?

Jupiter Wagons has recently won a construction contract from the defense ministry to construct an open military wagon. The company was awarded the contract to construct 697 bogie open military wagon for a total cost of Rs 1,617 crore. In 2020, the company was also awarded a contract for the manufacture and supply of 4,000 boxes of wagons to the Union Minister for railways. The company's commitment to improving the railway infrastructure in India is likely to lead to an increase in the company's share price.

Jupiter Wagon stock price 2024 Jupiter Wagon won the tender to produce 4 rakes in 2-DD Car Carrier in the market for Rs 100 crore. In the market, Jupiter Wagon is the leading Wagon manufacturer, Railway manufacturer, Engineering Equipment manufacturer in the market with the Hand Order Value in the market of Rs 6,122 crore. In the next year, Jupiter Wagon will invest about Rs 1000 crore to expand its manufacturing capacity.

Jupiter Wagons Share Price Target (2024)Month (2024) Maximum Target Minimum Target January Rs 393.23 Rs 349.00 February Rs 402.76 Rs 358.36 March Rs 409.86 Rs 357.43 April Rs 411.35 Rs 356.12 May Rs 418.78 Rs 361.11 June Rs 419.10 Rs 366.46 July Rs 428.59 Rs 369.88 August Rs 438.36Rs 379.34 September Rs 448.73 Rs 383.77 October Rs 443.78 Rs 388.00 November Rs 448.34 Rs 399.55 December Rs 451.96Rs 409.12

Jupiter Wagons Share Price Target 2025 Month (2025) Maximum Target Minimum Target January Rs 467.30 Rs 424.87 February Rs 462.73 Rs 429.22 March Rs 477.44 Rs 433.66 April Rs 471.12 Rs 441.46 May Rs 477.99 Rs 437.00 June Rs 484.00 Rs 440.35 July Rs 489.34 Rs 455.69 August Rs 493.86 Rs 459.23 September Rs 495.64Rs 462.88 October Rs 503.94Rs 469.94 November Rs 509.24 Rs 478.35 December Rs 511.89 Rs 476.67

Jupiter Wagons Share Price Target (2026 to 2030) Year Maximum target Minimum Target 2026 Rs 595.11Rs 529.36 2027 Rs 697.56Rs 588.90 2028 Rs 802.63Rs 717.63 2029 Rs 905.95Rs 803.35 2030 Rs 1008.37 Rs 900.80

Jupiter Wagons Financials (2023) Revenue 20.68 Billion INR⬆ 75.52% YOY Operating expense 2.59 Billion INR⬆ 39.53% YOY Net Income 1.21 Billion INR⬆ 143.15% YOY Net Profit Margin 5.84 ⬆ 38.39% YOY Earnings Per Share 1.29⬆ 0.78% EBITDA 2.51 Billion INR⬆ 121.46% Effective Tax Rate 39.81%
Total Assets 16.34 Billion INR⬆ 52.37% YOY Total Liabilities8.31 Billion INR⬆ 113.22% YOY Total Equity 8.03 Billion INR Return on assets 10.49% Return on Capital 14.83% P/E Ratio- Dividend Yield-

The company plans to enter the Electric Vehicle Manufacturing Industry. Currently, Jupiter Wagons Share Price 2025 has 72.37 % stake in Retail & Others, 25 % stake in Domestic Institutional investors (DIIs), 0.86 % stake in Mutual Funds, and 0.78 % stake in other institutional investors. In the market capitalization segment, Jupiter Wagons Share Price Target ranks among the top 5 companies with a market capitalization of INR 162,16 Billion.

The next largest company in the market capitalisation segment is MIND Corporation, with a market capitalisation of INR 305,50 Billion, and the third largest company in market capitalization segment is Sansery Eng which is valued at INR 54,00 Billion.

Jupiter Wagons stock price target 2025 is Rs 401.40 as on the end of January 2024. The company went public on the NSE in July 2022. The share price Target of Jupiter Wagons has been steadily increasing in the last 6 months. In the last 6 months, the stock price of Jupiter Wagons on the NSE has almost doubled by Rs 97.00.

On 1st February 2024, the government of India will announce the annual budget. The budget allocation for Indian Railways is expected to be increased by 25% and Jupiter Wagons is likely to benefit from this budget. Many industry experts consider Jupiter Wagons Share Price Target

Key parameters to keep in mind when investing in the company are:

Number of upcoming projects

Number of pending orders

Past performance on the NSE