Midcap stock Jupiter Wagons jumps to all-time high, quadruples money in 1 year. Time to sell?

Jupiter Wagons share value: Shares of Jupiter Wagons continued witnessing shopping for curiosity for the fourth consecutive session on Friday, Could 10, as they surged 15 per cent to hit their recent all-time excessive of 484 in intraday commerce on BSE.

Jupiter Wagons share value opened at 430.50 towards its earlier shut of 420.65 and rose 15 per cent to the report excessive degree of 484. Round 2:20 pm, Jupiter Wagons share value traded 14 per cent greater at 479.65 apiece. Fairness benchmark Sensex was 0.12 per cent up at 72,489 at the moment.

The This fall enhance

Shares of Jupiter Wagons have been rising recently, buoyed by the corporate’s March quarter quantity.

Jupiter Wagons, on Could 7, reported a whopping 168 per cent year-on-year (YoY) bounce in consolidated revenue (attributable to house owners) to 105.2 crore for Q4FY24 towards a revenue of 39.21 crore in the identical quarter final 12 months.

Income from operations for the quarter underneath overview jumped 57 per cent YoY to 1,115.41 crore from 711.70 crore.

EBITDA for the quarter jumped 59 per cent YoY whereas EBITDA margin rose 20bps YoY.

The board of administrators really useful a ultimate dividend of 0.30 per share.

Jupiter Wagons is a supplier of freight wagons, locomotives, passenger coaches (LHB), braking techniques, metro coaches, business autos, ISO marine containers, and merchandise comparable to couplers, draft gears, bogies, and CMS crossings.

Jupiter Wagons share value development

Jupiter Wagons’ share value hit its 52-week low of 110.75 on Could eleventh final 12 months. With the present market value at 484, the inventory has quadrupled, surging 337 per cent in a single 12 months.

On a month-to-month scale, the inventory is up over 17 per cent in Could thus far, following an over 9 per cent acquire in April.

(Extra to return)



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