270 percent return in 1 year! This stock is giving huge profit

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Jupiter Wagons Limited has given multibagger returns to its shareholders in the past one year. During this period, the company’s share price rose from Rs 58.75 on August 08, 2022 to Rs 232.95 on August 8, 2023, an increase of around 270 percent in the one-year holding period.
An investment of Rs 1 lakh in the shares of this company a year ago would have been Rs 2.70 lakh today.
On a consolidated basis in Q1FY24, the company’s net income declined by 154.97 percent to Rs 753.19 crore from Rs 295.40 crore. Bottom line grew 378.2 percent to Rs 63.06 crore in Q1FY24.

Jupiter Wagons Limited (JWL), incorporated in 2006, is a part of the Kolkata-based Jupiter Group and a leading player in the Indian railway wagon manufacturing industry. JWL had an annual production capacity of 4,200 wagons and was backed with a foundry shop to manufacture various components of a typical wagon such as couplers, bogies, draft gears, CRF sections, etc. Tribunal (NCLT), assets and liabilities relating to JWL Stand have been transferred to Commercial Engineers & Body Builders Ltd. as per the scheme of amalgamation approved by the National Companies Act.

Today, the stock opened at Rs.232.95, with a high and low of Rs.232.95 and Rs.232.95. The stock is currently trading at Rs 232.95, up 4.98 percent. The stock has a 52-week high of Rs.234.75 and a 52-week low of Rs.57.15.Today, the stock opened at Rs.232.95, with a high and low of Rs.232.95 and Rs.232.95. The stock is currently trading at Rs 232.95, up 4.98 percent. The stock has a 52-week high of Rs.234.75 and a 52-week low of Rs.57.15.

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