JBM Auto is trading at RS. 667.40, up by 41.90 points or 6.70% from its previous close of RS. 625.50 on the BSE.
The stock opened at RS. 646.85 and recorded a high of RS. 674.20 and a low of RS. 644.55 during the session, with 731 shares traded so far.
This BSE group 'A' stock, with a face value of RS. 1, has touched a 52-week high of RS. 1045.00 on September 12, 2024, and a 52-week low of RS. 489.30 on March 17, 2025. Over the last week, it has traded between RS. 674.20 and RS. 613.90. The company’s current market capitalization stands at RS. 14792.72 crore.
Promoter shareholding is at 67.53%, while institutions hold 2.40% and non-institutions 30.08%.
In a major development, JBM Ecolife Mobility, a subsidiary of JBM Auto, has secured RS. 100 million (in INR equivalent) long-term capital investment from the International Financial Corporation (IFC). The funds will support the deployment of modern, air-conditioned electric buses across Maharashtra, Assam, and Gujarat.
This marks IFC’s first capital investment in the e-bus sector in Asia and its largest globally, boosting urban transport resilience in India while enhancing JBM’s technological leadership in sustainable mobility solutions.
JBM Auto, the flagship company of the JBM Group, manufactures and sells sheet metal components, tools, dies, moulds, and buses, along with spare parts, accessories, and maintenance services.