Announced Mon, 3 Aug · 19:56 IST
Jupiter Wagons makes JTRWF a wholly owned subsidiary
JWL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹263.00
prior close
₹266.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.9-2.2-2.3-1.7-1.7-0.4-1.2-2.1-0.4-1.9————
Up moveDown movePending
AI summary
Jupiter Wagons bought the remaining 1.94 percent stake (63,57,552 shares) in Jupiter Tatravagonka Railwheel Factory for INR 16.53 crore cash, making it a wholly owned subsidiary. JTRWF makes railway wheels, axles and wheel sets with FY26 turnover of INR 521.64 crore, up from INR 333.12 crore in FY25.
Likely market impact
Small cash buyout for full control of a fast-growing rail components subsidiary. No major price impact expected.