Jupiter Wagons (JWL) surged 9% to ₹337.70 on the back of over four-fold jump in the average trading volumes; the stock has zoomed 30% in two days.
RVNL, Jupiter Wagons, KEC International, JSW Infra, GE Vernova, HBL Engineering, KSB, Lloyd Metals and Sagility are seen trading above the Supertrend indicator in Monday's intra-day trade, show charts
According to the filing, Tatravagonka purchased 28,72,340 equity shares of Jupiter Wagons for ₹134,99,99,800
Among the Nifty 500 constituents, Tejas Networks (down 56 per cent), Praj Industries (down 54 per cent), and Vedant Fashions (down 52 per cent) were among the worst hit
The implementation of Government's plans to radically improve the railway infrastructure is expected to keep the demand for railway products strong in future
Around 10:40 AM, Jupiter Wagons share price was trading 5 per cent higher at ₹335.15 per share. In comparison, BSE Sensex was trading flat with a positive bias at 81,454.96 levels.
Titagarh Rail, Texmaco Rail and Transrail Lighting shares were in demand on Friday after these railway-related companies reported winning orders worth ₹1,385 crore collectively.
Jupiter Wagons shares saw the biggest intraday rise since March 21 this year after its unit won orders to supply wheelsets for Vande Bharat train