JBM Auto shines on bagging orders to supply around 5000 electric buses
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JBM Auto is currently trading at Rs. 1459.60, up by 144.60 points or 11.00% from its previous closing of Rs. 1315.00 on the BSE.
The scrip opened at Rs. 1499.00 and has touched a high and low of Rs. 1548.35 and Rs. 1440.00 respectively. So far 86273 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1,548.35 on 14-Jul-2023 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. 1548.35 and Rs. 1290.60 respectively. The current market cap of the company is Rs. 17382.92 crore.
The promoters holding in the company stood at 67.53%, while Institutions and Non-Institutions held 1.71% and 30.76% respectively.
JBM Auto and its subsidiaries have won orders for around 5000 electric buses for supplying to various state transport undertakings (STUs) in Gujarat, Haryana, Delhi, Telangana, Orissa among others and multiple Fortune 500 companies coupled with leading corporates of the country. Different applications such as city bus, staff bus, tarmac coach, etc. in both, 9 meters and 12 meters categories will be delivered for these orders.
JBM Auto is the flagship company of JBM Group.
