Railway Stocks - 2: Jupiter Wagons on a Strong Growth Path but Wait for Declines
Moneylife Digital Team 12 January 2023
Stocks of companies supplying to the Indian Railways (IR) have been hot in the past year. Last week, we wrote about Titagarh Wagons. This week, we look at Jupiter Wagons Ltd (JWL). In January 2019, JWL acquired 45.45% stake in Commercial Engineers & Body Builders Company Ltd (CEBBCO), a listed company. In May 2022, JWL merged with CEBBCO and the name of the combined entity was changed to JWL....
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