JBM Auto Share Price Live

JBM auto secures new order, shares surge over 6% Over the past year company’s shares have delivered a staggering multibagger return of 218% and during the same period BSE Consumer Discretionary change by 52%. About the Order JBM Auto Limited, a leading auto ancillary company, announced today that its subsidiary, JBM Ecolife Mobility Private Limited, has been awarded a significant tender. The contract entails the procurement, supply, operation, and maintenance of 1,390 electric buses, representing approximately 65% of the project, along with the development of associated electric and civil infrastructure. This project falls under the PM-eBus Sewa Scheme, and the total order size amounts to approximately Rs 7,500 crore. The completion timeline for this order is estimated to be within 12 to 18 months. Stock Performance In the latest trading session, JBM Auto’s stock closed at Rs 1,875.20. Opening at Rs 1,876.95 today, the stock is currently trading at Rs 1,985.20, reflecting a 5.87% increase. Shares of the company 52-week high stands at Rs 2,417.30, while its 52-week low stands at Rs 604. The company currently boasts a market capitalization of approximately Rs 23,400 crore. Over the past year, JBM Auto’s shares have delivered an impressive multibagger return of 218.29%, outperforming the BSE Consumer Discretionary index, which saw a change of 52.35% during the same period. About the Company JBM Auto was established in 1990, initially focusing on the manufacture of tools, dies, and moulds in Faridabad. In 1993, the company expanded its operations by establishing a press shop for manufacturing sheet metal components and welded sub-assemblies, catering to the stringent quality requirements of the automobile industry. The company made its first public issue in March 1994. The company primarily engages in the manufacturing and marketing of automotive components across three segments: Sheet Metal Division, Special Purpose Vehicle Division, and Tool Room Division. The Sheet Metal Division specializes in manufacturing sheet metal components, assemblies, and sub-assemblies. The Special Purpose Vehicle Division focuses on developing and assembling special-purpose vehicles, while the Tool Room Division is dedicated to manufacturing tools, dies, and moulds. Disclaimer: This post is intended solely for educational purposes. The securities mentioned are for illustrative purposes only and not recommendations. The content is sourced from various secondary sources on the internet and is subject to change. Please consult with a financial expert before making any related decisions.