Jupiter Wagons Shows Resilience with Significant Gains Amidst Broader Market Trends

Mar 24 2025 09:45 AM IST
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Jupiter Wagons, a midcap auto ancillary company, has demonstrated notable performance, gaining 6.45% on March 24, 2025, and achieving a total return of 16.09% over two days. The stock is currently above its short-term moving averages, reflecting its strength in a rising market environment.
Jupiter Wagons, a midcap player in the auto ancillary industry, has shown significant activity today, gaining 6.45% on March 24, 2025. This performance has allowed the stock to outperform its sector by 3.1%. Over the past two days, Jupiter Wagons has experienced a consecutive gain, accumulating a total return of 16.09%. The stock opened with a notable gain of 2.83% and reached an intraday high of Rs 366, reflecting a 5.14% increase.

In terms of moving averages, Jupiter Wagons is currently above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages.

In the broader market context, the Sensex opened higher at 77,456.27, gaining 550.76 points (0.72%), and is currently trading at 77,341.40. The Sensex has shown a three-week consecutive rise, gaining 5.66% during this period. While small-cap stocks are leading the market today, Jupiter Wagons' recent performance highlights its resilience amidst varying market conditions.
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