PNC Infratech Ltd, Titagarh Rail Systems Ltd, Carborundum Universal Ltd, JK Lakshmi Cement Ltd are among the other stocks to see a surge in volumes on NSE today, 11 December 2024.Jupiter Wagons Ltd recorded volume of 252.67 lakh shares by 14:14 IST on NSE, a 23.67 times surge over two-week average daily volume of 10.67 lakh shares. The stock gained 11.21% to Rs.552.70. Volumes stood at 6.84 lakh shares in the last session.PNC Infratech Ltd clocked volume of 152.33 lakh shares by 14:14 IST on NSE, a 16.45 times surge over two-week average daily volume of 9.26 lakh shares. The stock gained 10.45% to Rs.341.95. Volumes stood at 6.96 lakh shares in the last session.Titagarh Rail Systems Ltd clocked volume of 110.54 lakh shares by 14:14 IST on NSE, a 9.73 times surge over two-week average daily volume of 11.37 lakh shares. The stock gained 6.37% to Rs.1,309.75. Volumes stood at 13.21 lakh shares in the last session.Carborundum Universal Ltd registered volume of 6.94 lakh shares by 14:14 IST on NSE, a 7.78 fold spurt over two-week average daily volume of 89168 shares. The stock rose 3.07% to Rs.1,380.15. Volumes stood at 1.19 lakh shares in the last session.JK Lakshmi Cement Ltd registered volume of 8.49 lakh shares by 14:14 IST on NSE, a 5.55 fold spurt over two-week average daily volume of 1.53 lakh shares. The stock rose 2.62% to Rs.877.95. Volumes stood at 5.36 lakh shares in the last session.Powered by Capital Market - Live

Sunflag Iron & Steel Company Ltd, PNC Infratech Ltd, Shriram Properties Ltd and Titagarh Rail Systems Ltd are among the other gainers in the BSE's 'A' group today, 11 December 2024.Jupiter Wagons Ltd soared 12.68% to Rs 560.15 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 6.9 lakh shares were traded on the counter so far as against the average daily volumes of 89652 shares in the past one month. Sunflag Iron & Steel Company Ltd spiked 10.27% to Rs 246.5. The stock was the second biggest gainer in 'A' group. On the BSE, 1.14 lakh shares were traded on the counter so far as against the average daily volumes of 16937 shares in the past one month. PNC Infratech Ltd surged 10.04% to Rs 341.95. The stock was the third biggest gainer in 'A' group. On the BSE, 5.12 lakh shares were traded on the counter so far as against the average daily volumes of 1.11 lakh shares in the past one month. Shriram Properties Ltd spurt 8.43% to Rs 115.7. The stock was the fourth biggest gainer in 'A' group. On the BSE, 4.01 lakh shares were traded on the counter so far as against the average daily volumes of 70318 shares in the past one month. Titagarh Rail Systems Ltd added 7.41% to Rs 1322.75. The stock was the fifth biggest gainer in 'A' group. On the BSE, 5.21 lakh shares were traded on the counter so far as against the average daily volumes of 81181 shares in the past one month. Powered by Capital Market - Live

Revenue from operations jumped 14.75% YoY to Rs 1,009.04 crore in the quarter ended 30 September 2024. Profit before tax grew 8.83% to Rs 119.18 crore in Q2 FY25 as compared to Rs 109.51 crore recorded in the corresponding quarter last year. EBITDA stood at Rs 139.45 crore in Q2 FY25, registering a growth of 15.5% YoY. EBITDA margin improved to 13.8% in Q2 FY25 as against 13.7% posted in Q2 FY24. As of 30th September 2024, the company's order book stands at Rs 6,643.66 crore. On half year basis, the company's consolidated net profit surged 25.34% YoY to Rs 181.66 crore in H1 FY24 as compared to Rs 144.93 crore recorded in H1 FY25. Revenue from operations increased 15.70 YoY to Rs 1,888.90 in H1 FY25. Vivek Lohia, Managing Director of Jupiter Wagons, said, 'This quarter, we made a strategic decision to strengthen our foothold in the electric truck and railway battery sectors through the acquisition of Log9's battery assets by our wholly owned subsidiary Jupiter Electric Mobility (JEM). Additionally, our offerings of BESS containers, crucial for solar and data centre energy storage. continue to garner rising interest thereby opening more opportunities in both domestic and international markets. Lastly, we have rebranded our subsidiary, Bonatrans India Private Limited to Jupiter Tatravagonka Rail Wheel Factory Private Limited even as we unveiled plans to increase capacity for wheelsets manifold through investment of Rs. 2,50,000 lakh in a new facility on Odisha. Even as we are poised to steadily growth our wagon business through capacity enhancement of our foundry, our businesses of safety systems, track components, eLCVs, wheelsets as well as high-speed brake systems for passenger and freight are poised to grow strongly ensuring that non-wagon businesses will significantly contribute to our revenue in the coming years, highlighting our strategic shift. We are excited to see our strategies take shape even as we continue to focus on value creation for stakeholders, as our Board approved an increased interim dividend in October 2024. At Jupiter, we are not just building the future of transportation'we're leading it with a strong commitment to innovation and sustainability in order to transform the mobility landscape'. Jupiter Wagons is engaged in the business of manufacturing railway wagons, wagon components, castings, metal fabrication comprising load bodies for commercial vehicles, rail freight wagons and components with manufacturing facilities at Hooghly (WB), Jabalpur (MP), Indore (MP) and Jamshedpur (Jharkhand). Shares of Jupiter Wagons slipped 3.09% to Rs 494.15 on Friday, 8 November 2024. Powered by Capital Market - Live

Net profit of Jupiter Wagons rose 9.35% to Rs 89.74 crore in the quarter ended September 2024 as against Rs 82.07 crore during the previous quarter ended September 2023. Sales rose 14.75% to Rs 1009.04 crore in the quarter ended September 2024 as against Rs 879.30 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1009.04879.30 15 OPM %13.7713.73 - PBDT131.95116.64 13 PBT119.18109.51 9 NP89.7482.07 9 Powered by Capital Market - Live

Jupiter Wagons will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live

Jupiter Electric Mobility (JEM), a subsidiary of JWL, announced a landmark acquisition of Log9's technology and business assets for its railway battery and electric truck battery divisions. The acquisition includes the engineering and production teams dedicated to railway and electric truck battery technologies, who will now become part of JEM's dynamic workforce. Additionally, JEM will acquire Log9's manufacturing facility located in Devanahalli, Bangalore. Bangalore-based Log9 Materials is a pioneering deep-tech company, specializing in advanced, high-performance battery solutions designed to meet the rigorous demands of India's electric mobility, logistics, and industrial sectors. This strategic merger enhances JEM's capabilities in the electric truck segment by enabling backward integration into battery production'an essential component of its electric light commercial vehicles (e-LCVs). With this addition, JEM will be better equipped to design, engineer, and produce in-house battery solutions, strengthening its position in a highly competitive market. By adding this vital battery division, JEM is positioned to support a range of applications in the Indian Railways segment. Notably, JEM and Log9 have already seen success in piloting battery products with Indian Railways, recently securing an order for Vande Bharat batteries in collaboration with Siemens. Jupiter Wagons (JWL) is a diversified company offering a wide range of mobility solutions. Its product portfolio includes freight wagons, locomotives, passenger coaches, braking systems, metro coaches, commercial vehicles, and more. JWL has manufacturing facilities across India and strategic partnerships with global leaders. With a strong focus on innovation and technology, JWL caters to various industries, including railways, metro rail, automotive, and infrastructure. The company has a strong customer base, including Indian Railways, American Railroads, and major automotive manufacturers. The company's consolidated net profit jumped 46.19% YoY to Rs 91.88 crore in Q1 FY25. Net sales increased 16.82% YoY to Rs 879.86 crore in Q1 FY25. Powered by Capital Market - Live

Jupiter Wagons announced that the Board of Directors of the Company at its meeting held on 18 September 2024, inter alia, have recommended the interim dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Jupiter Wagons has fixed 07 October 2024 as record date for interim dividend of Re 1 per share of Rs 10 each fully paid up for FY 2024-25. The dividend will be paid on or before 17 October 2024. Powered by Capital Market - Live

In addition, the company announced significant capacity expansion plans for this subsidiary, with the establishment of a new facility featuring state-of-the-art production lines for forged wheelsets. The new plant, located in Odisha, will increase the annual production capacity of Jupiter Tatravagonka Railwheel Factory from the current 20,000 forged wheelsets per annum to 100,000 forged wheelsets per annum by investment of approximately Rs 2,500 crore. The facility is expected to be fully operational by calendar year 2027. Once completed, it will serve both domestic and international markets, with approximately 50% of the production capacity dedicated to exports, primarily to its partner Tatravagonka A.S and other European players. The project will also enhance operational efficiency in the company's wagon manufacturing business through complete backward integration. By establishing this integrated forging line, the company aims to streamline production processes, ensure superior quality control, and secure the timely availability of critical components for its wagon manufacturing operations. Jupiter Wagons has awarded a contract to Schuler Pressen GmbH, a renowned German engineering company known for its cutting-edge forging technology, for the supply and erection of the fully integrated forged wheel and axle line. Vivek Lohia, managing director of Jupiter Wagons, said, 'We are excited to announce the transformation of our subsidiary, now named Jupiter Tatravagonka Railwheel Factory. The investment in a new facility housing state-of-the-art manufacturing technology, positions us for greater growth and efficiency. Jupiter Wagons continues to take bold steps toward a more sustainable, efficient, and globally competitive future for the rail infrastructure manufacturing industry in India. This latest investment underscores our vision of innovation and excellence as we now aim to deliver world-class products to global markets.' Jupiter Wagons Limited (JWL) is a provider of comprehensive mobility solutions, with diverse offerings across Freight Wagons, Locomotives, Passenger Coaches (LHB), Braking Systems, Metro Coach, Commercial Vehicles, ISO Marine Containers, and products such as Couplers, Draft Gears, Bogies, and CMS Crossings. JWL has manufacturing facilities located in Kolkata, Jamshedpur, Indore, and Jabalpur. The company's consolidated net profit jumped 46.19% YoY to Rs 91.88 crore in Q1 FY25. Net sales increased 16.82% YoY to Rs 879.86 crore in Q1 FY25. The counter declined 2.36% to Rs 532.60 on the BSE.Powered by Capital Market - Live

Jupiter Wagons will hold a meeting of the Board of Directors of the Company on 18 September 2024.Powered by Capital Market - Live