JBM Auto moves up as its arm incorporates wholly owned subsidiary
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JBM Auto is currently trading at Rs. 429.05, up by 2.55 points or 0.60% from its previous closing of Rs. 426.50 on the BSE.
The scrip opened at Rs. 430.00 and has touched a high and low of Rs. 435.00 and Rs. 427.95 respectively. So far 2175 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 675.98 on 24-Jan-2022 and a 52 week low of Rs. 361.70 on 28-Sep-2022.
Last one week high and low of the scrip stood at Rs. 437.00 and Rs. 416.00 respectively. The current market cap of the company is Rs. 5043.24 crore.
The promoters holding in the company stood at 67.53%, while Institutions and Non-Institutions held 1.24% and 31.23% respectively.
JBM Auto’s wholly owned subsidiary -- JBM Ecolife Mobility has incorporated wholly owned subsidiary namely ‘TL Ecolife Mobility’.
TL Ecolife Mobility has been incorporated to carry on the business in automotive sector and yet to commence its business operations.
JBM Auto is the flagship company of JBM Group.
