Jupiter Wagons shares zoom 10% to fresh high, target price raised to Rs 535

Jupiter Wagons shares surged up to 10% to a new 52-week high of Rs 448.85, buoyed by robust Q4 results with revenue, EBITDA, and PAT soaring by 57%, 60%, and 167% respectively YoY. Systematix raised target price to Rs 535, citing integration, margin improvement, and entry into e-LCV market.