Jupiter Wagons’ Big FY28 Bet: ₹10,000 Cr Revenue & New Growth Engines
By NDTV Profit
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Jupiter Wagons shares jumped 4% as the market opened on Tuesday, Aug. 11, after the company secured a major Battery Energy Storage System order worth approximately Rs 400 crore in West Bengal, strengthening its presence in India's fast-growing energy storage market. Around 9.30 am, the stock is trading at Rs 266.4 apiece on NSE, gaining from its previous close at Rs 257.4. Meanwhile, Nifty 50 remained down by 0.42% in the intraday session. Investors are tracking the order win as Jupiter Wagons expands beyond its traditional railway and mobility businesses into energy transition opportunities. Jupiter Wagons has emerged as the successful bidder for two standalone BESS projects with a combined capacity of 100 MW/400 MWh, conducted by West Bengal State Electricity Distribution Company Ltd . The projects, located at Jeerat and Kharagpur, were secured through e-reverse auctions under the Tariff-Based Competitive Bidding mechanism. The projects involve the supply and commissioning of a BESS
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