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Jupiter Wagons Ltd. (JWL) is an important player in India’s railway manufacturing sector. Established in 1996 and operating from Kolkata, this enterprise not only produces railway wagons but also engages in the development of various engineering products. As India continues to boost its railway infrastructure, JWL stands to benefit significantly from the growing demand for freight and passenger wagons. With a current share price of ₹482.05 on the NSE as of 24 October 2024, investors are keenly assessing the company’s future prospects. In this article, we delve deeper into Jupiter Wagons Ltd’s market performance, share price targets from 2024 to 2030, key competitors, financials, and insights that could inform investment decisions.
Market Overview of Jupiter Wagons Ltd
- Open Price: ₹486.00
- High Price: ₹486.00
- Low Price: ₹486.00
- Previous Close: ₹468.15
- Volume: 1,022,677
- Value (Lacs): ₹4,958.45
- VWAP: ₹479.76
- Upper Circuit Limit: ₹581.80
- Lower Circuit Limit: ₹387.90
- P/E Ratio: N/A
- Dividend Yield: N/A
- 52-week High: ₹748.10
- 52-week Low: ₹266.80
- Market Capitalization: ₹19.87K Cr
- Face Value: ₹10
Key Competitors of Jupiter Wagons Ltd
Understanding Jupiter Wagons Ltd’s position in the market involves analyzing its competitors. Here are five significant competitors along with their approximate market capitalizations:
| Company | Market Capitalization (Approx.) |
|---|---|
| Texmaco Rail & Engineering Ltd | ₹1,250 crore |
| Bharat Earth Movers Ltd (BEML) | ₹6,500 crore |
| Rail Vikas Nigam Ltd (RVNL) | ₹23,000 crore |
| Godawari Power and Ispat Ltd | ₹1,200 crore |
| Kalindee Rail Nirman (Engineers) Ltd | ₹550 crore |
JWL Share Price Chart
JWL Share Price Targets from 2024 to 2030
| Year | Share Price Target (INR) |
|---|---|
| 2024 | ₹515 |
| 2025 | ₹677 |
| 2026 | ₹792 |
| 2027 | ₹934 |
| 2028 | ₹1012 |
| 2029 | ₹1155 |
| 2030 | ₹1320 |
Factors Influencing Share Price Targets
JWL Share Price Target 2024
Expected share price target for 2024 is ₹515. Key factors impacting this growth include:
- Infrastructure Development: Government investments in railway projects are vital. Enhanced focus on rail networks can lead to increased demand for freight and passenger wagons, thereby bolstering JWL’s revenues.
- Technological Advancements: Continuous improvement in manufacturing technologies can increase operational efficiency and product quality, enabling JWL to compete effectively in the market.
- Market Competition: Innovation and competitive pricing strategies are necessary to maintain market share amidst robust competition in the railway manufacturing space.
JWL Share Price Target 2025
The expected share price target for 2025 stands at ₹677. Significant influencing factors include:
- Regulatory Policies: Supportive government policies toward railway sector growth can enhance demand for JWL’s products.
- Market Expansion: JWL’s expansion into emerging markets and diversifying its product range can lead to increased revenue channels.
- Supply Chain Efficiency: Effective management of supply chains optimizes production costs and ensures product availability.
JWL Share Price Target 2030
The anticipated share price target for 2030 is ₹1320. The growth factors impacting this projection include:
- Technological Innovations: Embracing smart manufacturing solutions can significantly boost efficiency and product offerings, enhancing market competitiveness.
- Sustainability Practices: Compliance with environmental regulations by investing in green technologies will open new avenues in the market.
- Collaborative Ventures: Establishing partnerships can ultimately lead to new opportunities and collaborative growth within the railway sector.
Jupiter Wagons Ltd. Shareholder Pattern
- Promoters: 68.11%
- Foreign Institutional Investors (FII): 3.45%
- Domestic Institutional Investors (DII): 1.99%
- Public Shareholdings: 28.45%
