Jupiter Wagons is currently trading at Rs. 104.00, up by 0.85 points or 0.82% from its previous closing of Rs. 103.15 on the BSE.
The scrip opened at Rs. 105.95 and has touched a high and low of Rs. 105.95 and Rs. 101.60 respectively. So far 35835 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 105.95 on 13-Jan-2023 and a 52 week low of Rs. 36.65 on 25-Feb-2022.
Last one week high and low of the scrip stood at Rs. 105.95 and Rs. 96.20 respectively. The current market cap of the company is Rs. 3998.46 crore.
The promoters holding in the company stood at 74.62%, while Institutions and Non-Institutions held 2.19% and 23.19% respectively.
Jupiter Wagons’ (JWL) subsidiary -- Jupiter Electric Mobility (JEM) has unveiled the e-LCVs – JEM TEZ of 2.2 and EV STAR CC of 7 Ton GVW at the Auto Expo - The Motor Show 2023 and forayed its entry into the commercial electric vehicle (CEV) segment. The strategic alliances and partnerships with key foreign and domestic companies that have expertise in the EV sector have further added strength to the brand and its goal is to become the market leader in the CEV segment in India.
JEM has launched two variants of E-LCVs into the market and plans to undertake end-to-end production in India and establish service facilities in key markets, in order to expand into the aftersales requirements for a seamless customer experience. The CEVs will cater mainly to the needs for the last mile delivery, tapping the major metros Mumbai, Delhi-NCR, Pune, and Bangalore initially.
Enhancing its existing capabilities and expertise in the mobility solutions business, JEM has entered into a strategic alliance with North America based GreenPower Motor Company specialising in Commercial Electric Vehicles in the passenger transportation and freight transport markets. The strategic partnership with Log 9 Materials for EV batteries and Xavion Mobility for vehicle design and development will prove extremely beneficial to create a competitive product that is highly appreciated in the market.
Jupiter Wagons is a leading company providing complete mobility solutions with a rich legacy of over four decades.
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Jupiter Wagons | 436.10 |
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