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Reuters
India’s Jupiter Wagons up on quarterly revenue rise
** Shares of Jupiter Wagons JUWL.NS rise as a lot as 4.6% to 424 rupees, final up 0.8%
** The railway engineering co says March-quarter consol internet revenue greater than doubled to 1.05 billion rupees ($12.6 million); approves fundraise price 10 billion rupees through certified institutional placement
** JUWL on observe for second straight session of positive aspects
** Co gained 9.2% in April, its second consecutive month of positive aspects
** Refill ~27% YTD, had greater than tripled in 2023 marking fourth straight yr of positive aspects
($1 = 83.4875 Indian rupees)
Reporting by Dimpal Gulwani in Bengaluru
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