Skip to main content

Jupiter Wagons Share Price in Focus; Secures Over ₹324 Crore Orders from GATX India and Chetak International

Written by: Team Angel OneUpdated on: 2 Nov 2026, 7:18 pm IST
Jupiter Wagons wins private-sector orders worth over ₹324 crore for 15 rakes of its ACT2 automobile carrier wagons.
Jupiter Wagons Share Price in Focus
Share

Jupiter Wagons Limited has secured fresh orders worth over ₹324 crore from GATX India and Chetak International for its new-design ACT2 wagons. 

The contracts cover a total of 15 rakes, adding to the company's business from private wagon-leasing and logistics operators. 

GATX India Places Order for 10 Rakes 

Jupiter Wagons has received a Letter of Intent (LOI) from GATX India Private Limited for the manufacture and supply of 10 rakes, comprising 270 ACT2 wagons. The order is valued at ₹214.94 crore. 

GATX India is a rail-leasing company. The LOI represents the larger portion of the latest business secured by Jupiter Wagons. 

Chetak International Orders Five Rakes 

The company has also received an order from Chetak International Private Limited for five rakes, comprising 135 ACT2 wagons. The contract is valued at ₹109.10 crore. 

Together, the two orders are worth approximately ₹324 crore, including GST, according to the company's press release. 

Private-Sector Orders Add to Railway Business 

The new wins come alongside Jupiter Wagons' recent ₹1,140 crore order from the Railway Board for 2,583 wagons. The company said the combination of government and private-sector customers gives it a more balanced order book. 

Managing Director Vivek Lohia said the orders reflect growing confidence among private wagon-leasing and logistics operators in the ACT2 platform. He also pointed to demand across both Indian Railways and private-sector programmes. 

Read More: PhysicsWallah Share Price Rises; Posts Q2 FY26 Results With 70% YoY Profit Growth! 

Jupiter WagonsShare Price Performance 

As of November 02, 2026, at 12:54 PM, Jupiter Wagons share price was trading at ₹188.69 per share, reflecting a 3.80% surge from previous closing price. 

Conclusion 

The latest orders strengthen Jupiter Wagons' presence among private-sector customers, with GATX India and Chetak International placing orders for 15 ACT2 wagon rakes. The company is also continuing to serve demand from Indian Railways. 

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. 

Published on: Nov 2, 2026, 1:48 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.
Know More
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy ₹0 Account Opening Charges

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store