Jupiter Wagons Ltd. (JWL), a provider of comprehensive mobility solutions encompassing rail, road, and marine transportation, has bagged an order worth INR 242.41 crore from GATX India Private Limited, the largest private railcar lessor in the country, for the manufacturing and supply of 583 specialised wagons.
The contract includes a combination of BLSS, ACT2, BOXNHL, along with BVCM wagons, purpose-built for the efficient transport of bulk commodities, passenger vehicle (SUVs) and containerised freight. These wagons are engineered for high-capacity, long-distance operations and are aligned with the evolving requirements of India's freight logistics infrastructure. Their robust design and operational efficiency are expected to significantly enhance cargo handling capabilities for GATX and its clients.
The specialised wagon types include:
- BLSS (Container Carrier Wagon): Designed specifically for carrying ISO containers, the BLSS wagon offers a high axle load capacity with improved payload-to-tare ratio. These wagons enable the efficient transport, making them ideal for intermodal logistics and enhancing port-to-hinterland connectivity.
- ACT2 (Bi-level SUV Carrier): Engineered for the secure and efficient transport of finished automobiles, particularly SUVs, the ACT2 is a bi-level car carrier. It accommodates up to 10 SUVs per wagon. Its specialised design ensures minimal handling, better vehicle protection, and faster loading/unloading, aligning with the rising demand for SUVs across the country.
- BOXNHL (High-Capacity Open Wagon): Commonly used for transporting bulk commodities like coal, iron ore, among others. BOXNHL wagons are open-top and designed for tippler unloading. With a payload capacity exceeding 70 tonnes, they offer improved speed potential and enhanced brake systems, making them suitable for heavy-haul freight corridors.
The contract, valued at INR 242.41 crores, further strengthens Jupiter Wagons' position in the market and highlights its capabilities in catering to large-scale, specialised projects. With a focus on innovation, efficiency, and customer satisfaction, Jupiter Wagons is ready to execute the order with utmost diligence and adherence to the highest standards of quality and safety.
Mr. Vivek Lohia, Managing Director, Jupiter Wagons Limited, commented, "We are delighted to further strengthen our association with GATX India through this prestigious order. As the largest private railcar lessor in India, GATX plays an instrumental role in enabling modern, flexible freight operations. This engagement marks an important step forward in our customer diversification strategy, and we look forward to building a long-term, value-driven relationship."
Jupiter Wagons continues to expand its presence across rail, road, marine, and sustainable mobility through innovation-led manufacturing, integrated design capabilities, and global collaborations. The company remains committed to delivering high-quality, future-ready solutions that support the vision of a modern and efficient logistics infrastructure for India.
Shares of Jupiter Wagons Limited was last trading in BSE at Rs. 330.00 as compared to the previous close of Rs. 332.05. The total number of shares traded during the day was 113659 in over 3350 trades.
The stock hit an intraday high of Rs. 338.10 and intraday low of 328.15. The net turnover during the day was Rs. 37903626.00. |
