Jupiter Wagons Arm Wins ₹113 Crore Railways Order for 9,000 LHB Axles; Share Price Surges Over 4%

Jupiter Wagons Limited has announced that its material subsidiary, Jupiter Tatravagonka Railwheel Factory Private Limited, has secured a major order from the Ministry of Railways, Railway Board. This development marks a significant step in strengthening the company’s role in India’s railway infrastructure sector.

Letter of Acceptance from Ministry of Railways

On September 9, 2025, Jupiter Tatravagonka Railwheel Factory Private Limited received a Letter of Acceptance (LOA) from the Ministry of Railways. The order is for the supply of a total of 9,000 LHB Axles for FIAT-IR Bogies. The aggregate value of this order stands at approximately ₹113 crores, reflecting the scale and importance of the contract.

Strengthening Role in Railway Manufacturing

The order underlines Jupiter Wagons’ growing presence in the railway manufacturing sector. With the supply of LHB Axles, the company continues to build its reputation as a reliable partner for Indian Railways. This contract is expected to create further opportunities for expansion and enhance the company’s market position in the industry.

Read More: Jupiter Wagons Plans 2 New Electric Vehicle Launches in FY26!

Jupiter Wagons Share Price Performance 

As of September 11, 2025, 11:31 AM, Jupiter Wagon share price is trading at ₹333.40 per share, reflecting a surge of 4.45% from the previous closing price. 

Conclusion

The successful receipt of this order highlights the trust placed in Jupiter Wagons’ manufacturing capabilities and further solidifies its contribution to the Indian Railways. This contract is expected to add momentum to the company’s future growth in the railway sector.

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