JBM Auto is currently trading at Rs. 1980.50, up by 105.30 points or 5.62% from its previous closing of Rs. 1875.20 on the BSE.
The scrip opened at Rs. 1876.95 and has touched a high and low of Rs. 2060.60 and Rs. 1872.55 respectively. So far 15910 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 2417.30 on 19-Feb-2024 and a 52 week low of Rs. 604.00 on 20-Mar-2023.
Last one week high and low of the scrip stood at Rs. 2060.60 and Rs. 1655.05 respectively. The current market cap of the company is Rs. 23418.84 Crore.
The promoters holding in the company stood at 67.53%, while Institutions and Non-Institutions held 2.86% and 29.61% respectively.
JBM Auto’s subsidiary — JBM Ecolife Mobility has been declared as L1 and awarded the tender as a bus operator for Procurement, Supply, Operation and Maintenance of 1,390 Electric Buses (around 65%) and development of allied electric and civil Infrastructure on Gross Cost Contracting (GCC) under the PM-eBus Sewa Scheme. The company has on March 19, 2024 acknowledged the Letter of Confirmation of Quantities eligible for award as issued by Convergence Energy Services (CESL). The size of order is around Rs 7500 crore.