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Jupiter van jumps after ordering 583 professional vans in company bag

Jupiter Truck Shares Price Today: The shares of Jupiter Trucks Co., Ltd. were acquired in early trade on Monday after the railway equipment manufacturer announced a 24.241 crore order from GATX India Private Limited to manufacture and supply 583 professional trucks.

The stock’s intraday height was Rs 337.60, up 1.67% before cutting some earnings. The stock was up nearly 1% as of 10:51 a.m. About 32,000 shares changed hands with a turnover of Rs 105 crore, while the company’s market capitalization was Rs 141,69 crore.

Order details

The company said in exchange filing that the contract includes a combination of BLS, ACT2, BoxNHL and BVCM trucks designed to transport bulk goods, SUVs and container freight. Trucks are built for high capacity, long-distance operations that meet India’s ever-expanding logistics infrastructure.

Jupiter said the deal further cemented its position in the professional van market and demonstrated its ability to provide customized large-scale mobility solutions.

The stock performance of Jupiter trucks

Jupiter Wagon has been outperforming players for a long time, bringing a 434% return in three years and 2,432% return in five years. The stock has fallen 39.39% over the past year and has so far fallen 34%.

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