Jupiter Wagons stock price – Jupiter Wagons shares jump 11%; here’s what analysts have to say
Shares of Jupiter Wagons Ltd recorded a decent uptick on Friday, surging 11.04 per cent to settle at Rs 348.10. Despite today’s sharp rise, the stock has slumped 31.31 per cent on a year-to-date (YTD) basis. Today, it saw heavy trading volume as well with around 20.98 lakh shares changing hands on BSE. The figure was way more than the two-week average volume of 2.27 lakh shares. Turnover on the counter came at Rs 72.88 crore, commanding a market capitalisation (m-cap) of Rs 14,776.78 crore.
Kranthi Bathini, Director of Equity Strategy at WealthMills Securities, said railway stocks are witnessing momentum after a long consolidation and correction. In the case of Jupiter Wagons, he suggested that investors with a long-term view and…
