Jupiter Wagons buys remaining 1.94% in JTRWF, makes it wholly owned

Listed-company acquisitionStrategic Transactions View source PDF Explain this filing

JWL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.2%Reaction day

₹263.00

prior close

₹266.00

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.2%-1.4% vs market

Industrial Manufacturing peers, median of 136sector · industry level+0.1%-1.4% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Smallcap 250 and 1.4 pts less than its Industrial Manufacturing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.9

10m

-2.2

15m

-2.3

30m

-1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.2+0.2-1.4+0.1-1.4

Next day

-1.7+0.9-2.6+0.6-2.3

-0.4+1.1-1.4+0.7-1.0

-1.2+1.0-2.3+0.5-1.8

-2.1+1.0-3.0+1.2-3.2

-0.4+1.2-1.6-0.2-0.1

-1.9+1.1-3.0-0.4-1.5

15d

-6.0+1.0-7.0+0.5-6.6

-7.2+1.7-9.0+0.8-8.1

-15.3-2.8-12.5+0.1-15.4

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UpDownMarket · Nifty Smallcap 250Sector · Industrial Manufacturing peers, median of 136Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Jupiter Wagons acquired the remaining 1.94% stake (63,57,552 shares) in its material subsidiary Jupiter Tatravagonka Railwheel Factory (JTRWF) for about INR 16.53 crores in cash. JTRWF is now a wholly owned subsidiary. It manufactures railway wheels, axles and wheel sets with FY26 turnover of INR 521.64 crores, up from INR 333.12 cr (FY25) and INR 163.78 cr (FY24). Not a related party deal.

Likely market impact

JTRWF is now wholly owned. Subsidiary revenue grew about 57 percent YoY, so full benefits of this growth now accrue to Jupiter Wagons shareholders.