JBM Auto shines as its arm incorporates subsidiary companies
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JBM Auto is currently trading at Rs. 1277.60, up by 47.35 points or 3.85% from its previous closing of Rs. 1230.25 on the BSE.
The scrip opened at Rs. 1212.35 and has touched a high and low of Rs. 1285.00 and Rs. 1210.05 respectively. So far 3973 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 1319.95 on 04-Jan-2022 and a 52 week low of Rs. 283.50 on 06-Jan-2021.
Last one week high and low of the scrip stood at Rs. 1319.95 and Rs. 1073.65 respectively. The current market cap of the company is Rs. 5989.45 crore.
The promoters holding in the company stood at 67.54%, while Institutions and Non-Institutions held 0.94% and 31.52% respectively.
JBM Auto’s wholly owned subsidiary -- JBM Electric Vehicles has incorporated wholly owned subsidiaries namely -- JBM Electric Technologies, JBM Green Technologies and JBM Eco Tech. The company has incorporated subsidiaries to carry on the business in automotive sector and yet to commence its business operations.
JBM Auto is the flagship company of JBM Group.
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