Jupiter Wagons Share Price in Focus; Secures ₹97.66 Crore Order from GATX India

Jupiter Wagons Limited has received a ₹97.66 crore order, including applicable tax, from GATX India Private Limited. The company disclosed the order on September 8, 2026, through a filing with the stock exchanges.  

The order is covered by a Wagon Purchase Agreement signed between the two companies. Under the agreement, Jupiter Wagons will manufacture and supply BFNS22.9 rakes to GATX India.  

GATX India and Wagon Leasing 

GATX India is a subsidiary of GATX Corporation, USA. The order comes in the private wagon leasing segment, where companies can lease and operate rolling stock on the Indian Railways network under the Indian Railways' Wagon Leasing Scheme.  

Jupiter Wagons said the agreement adds to its orders from global wagon leasing companies operating in India. The company has also linked the order to demand for specialised wagons such as the BFNS22.9.  

Product and Manufacturing Base 

Jupiter Wagons operates across rail, road and marine transportation. Its products include freight wagons, commercial vehicles and ISO marine containers, along with components such as couplers, draft gears, bogies, brake systems, wheels, axles, and wheelsets.  

The company has manufacturing facilities in Kolkata, Jamshedpur, Indore, Jabalpur, Bangalore, and Chhatrapati Sambhajinagar. Its operations also have backward integration into foundry activities.  

Jupiter Wagons Business Operations 

Jupiter Wagons has more than four decades of operating history and supplies products to sectors including railways, automobiles, transportation, logistics, construction equipment, municipalities, healthcare, energy, mining and infrastructure.  

The company's stated client base includes Indian Railways, American Railroads, the Indian Ministry of Defence, BEML, Alstom, Tata Motors, GE and Volvo Eicher Motors. It also has partnerships with companies in Slovakia, the Czech Republic, Slovenia and Spain.  

Read More: Swiggy Share Price in Focus; To Sell its Entire Stake in Lynks Logistics to Trustroot Internet! 

Jupiter Wagons Share Price Performance  

As of September 8, 2026, at 2:40 pm, Jupiter Wagons share price was trading at ₹243.12, down 1.87% from the previous closing price. 

Conclusion 

The ₹97.66 crore agreement covers the manufacture and supply of BFNS22.9 rakes to GATX India. It adds another order from a private wagon leasing company to Jupiter Wagons' business in this segment. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.