JBM Auto tumbled 11.77% to Rs 209.20 at 9:31 IST on BSE after consolidated net profit fell 15.23% to Rs 17.58 crore on 0.54% decline in total income from operations (net) to Rs 375.15 crore in Q4 March 2015 over Q4 March 2014.
The Q4 result was announced after market hours yesterday, 18 May 2015.
Meanwhile, the S&P BSE Sensex was down 69.20 points or 0.25% at 27,618.10.
On BSE, so far 41,000 shares were traded in the counter as against average daily volume of 15,000 shares in the past two weeks.
The stock hit a high of Rs 214.80 and a low of Rs 206 so far during the day.
JBM Auto is a part of JBM Group. JBM Group has a diversified portfolio to serve in the field of automotive, engineering & design services, renewable energy and education sectors.
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