Jupiter Wagons Ltd Sees Surge in Trading Volume and Investor Participation

Jupiter Wagons Ltd, a mid-cap player in the auto ancillary industry, has emerged as one of the most active equities today, with a total traded volume of 5,120,864 shares and a total traded value of approximately Rs 185.69 crores. The stock opened at Rs 353.7 and reached an intraday high of Rs 371.0, reflecting a notable performance with a day’s return of 5.55%, significantly outperforming its sector, which saw a return of 1.23%.
The stock has shown a positive trend, gaining for the last two consecutive days and delivering a total return of 15.95% during this period. Notably, the delivery volume surged to 31.37 lakh shares on March 21, marking an increase of 268.94% compared to the five-day average delivery volume, indicating rising investor participation.

In terms of moving averages, Jupiter Wagons' stock is currently above the 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages. With a market capitalization of Rs 15,587.57 crores, the stock demonstrates sufficient liquidity for trades sized at Rs 6.23 crores, further enhancing its market position. Overall, Jupiter Wagons Ltd continues to exhibit strong performance metrics in the current trading session.