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Investing is #Kodawari of my life | Passionate about long term investing | Bullish on India | DMs open for discussions. (views are personal, no recommendation)

Sep 13, 2023, 9 tweets

🔔Jupiter Wagons Limited (JWL) Detailed AR 2023 🧵

Incorporated in 2006, is a part of Kolkata-based Jupiter Group and a leading player in the Indian railway wagon manufacturing industry.

JWL has manufacturing facilities located in Kolkata, Jamshedpur, Indore, Jabalpur and Baddi.

💪JWL has a capacity to manufacture ~8,000 wagons annually and is backward integrated with a foundry shop to manufacture various components of a typical wagon like couplers, bogies, draft gears, CRF section, etc.

🚉Rail Mobility Business

We are one of the largest suppliers of wagons in India with the Indian Railways

Road and Multimodal Mobility Business

🧑‍🤝‍🧑Customers #JWL

📈Product Portfolio Expansion:

🚂1. EXPANDING INTO BRAKE SYSTEM OFFERINGS
🔋2.DRIVING ELECTRIC VEHICLES EXPANSION

🗒️Stone India Acquisition rationale & Plan:

Stone India Limited is in brake systems &train lighting alternators segment & been a vendor for locomotive brake system for rail road industry.
wide range of product offering, railway rolling stocks in passenger, freight & locomotive

Strong outlook for wagons💪💪

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