Jupiter Wagons share price (NSE: JWL) saw strong buying interest on Monday, December 22, 2025. The stock surged as much as 12.2% to an intraday high of ₹292 per share on the BSE.
Around 9:50 am, the shares were trading 10.77% higher at ₹288.10, while the BSE Sensex was up 0.57%.
The rally came after the company disclosed that its promoter, Tatravagonka a.s., increased its stake in the company.
According to an exchange filing, Tatravagonka acquired 28,72,340 equity shares of Jupiter Wagons for a total value of ₹134.99 crore. The shares were acquired through the conversion of convertible warrants.
Tatravagonka had been issued 28,72,340 convertible warrants in June 2024 at a price of ₹470 per warrant. After paying the remaining 75% amount in December 2025, the warrants were converted into equity shares.
Following the conversion, the company’s equity share capital rose from 42.44 crore shares to 42.74 crore shares.
As of the September 2025 quarter:
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Jupiter Wagons is a mobility solutions company with a wide product portfolio. It operates across freight wagons, locomotives, commercial vehicles, and ISO marine containers.
The company also manufactures key railway components such as bogies, brake systems, wheels, axles, couplers, and crossings. Its manufacturing facilities are located in Kolkata, Jamshedpur, Indore, Jabalpur, and Aurangabad, with full backward integration including foundry operations.
Jupiter Wagons shares surged after promoters increased their stake through warrant conversion, signalling strong confidence in the company’s future. The move boosted investor sentiment and reinforced positive outlook for the stock in the near term.
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: Dec 22, 2025, 4:15 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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