Page 2 - Jbm Auto

JBM Auto gears up to participate in PM-eBus Sewa scheme worth Rs 57,613 cr

JBM Auto is gearing up to participate in the recently announced scheme under which 10,000 electric buses will be deployed in 169 cities under the public-private partnership model, a top company official said on Friday. The company, which already has orders for 5,000 electric buses from across the country in its kitty, is looking to go through the policy fine print before deciding its future course of action. "We are very well positioned with our product range, manufacturing capacity and technology to execute this but definitely we are waiting for further clarity on the policy in the next few weeks," JBM Group Vice Chairman and Managing Director Nishant Arya told PTI on the sidelines of the B20 Summit here. He noted that the company is already the largest electric bus maker in the country with a manufacturing capacity of 20,000 electric buses per annum. "Having over 30 per cent market share and an order book of more than 5,000 electric buses we're delivering buses across India," Ary

JBM Auto shares surge 11% following 5,000 electric buses order from STUs

The company sells sheet metal components, tools, dies & moulds and buses including sale of spare parts, accessories and maintenance contract of buses

JBM Auto zooms 18% on securing contract for supply of 5,000 electric buses

Thus far in the calendar year, the stock has skyrocketed 200 per cent, as compared to 7.5 per cent rise in the S&P BSE Sensex.

JBM Auto cracks 15% as investors book profit after a 51% rally in 12 days

In the last session on July 5, JBM Auto had hit a 52-week high of Rs 1,517.5 per share. On a year-to-date basis, the share has more than doubled investors' wealth with a whopping rally of 190%

JBM Auto top contender for controlling stake in SML Isuzu: Report

JBM is mulling various options to acquire the shareholding, including cash as well as a share swap deal, the report added

Tata Motors to JBM: Bus makers shun govt contracts over payment concerns

Prime Minister Narendra Modi's government wants to deploy 50,000 electric buses countrywide over the next few years which is estimated to cost $12 billion

JBM Auto launches first self-designed electric luxury coach 'Galaxy'

JBM Auto on Wednesday launched its first self-designed and self-manufactured electric luxury coach 'Galaxy' here at Auto Expo 2023. The company, a part of USD 2.2 billion JBM group, also showcased its new series of e-buses, including city bus, staff bus and school bus. Expanding the company's offering in the emerging electric vehicle segment, JBM Auto Vice Chairman Nishant Arya said it will grow "exponentially" over the next few years. "The new range of electric buses will address the growing market requirements, especially the fleet owners, who are looking for sustainable, safe, reliable and profitable solutions," said Arya. However, the company did not disclose the price of the coach. Currently, 1,000 JBM electric buses are plying in 12 states. "JBM group is the only player in the Indian market to offer an entire EV ecosystem and is committed to investing in green mobility solutions," Arya added. Besides, JBM Auto will invest in upgrading manufacturing capacity and setting up

JBM Auto hits over 7-month high in a volatile market; rises 26% in 2 weeks

In the past two weeks, it has rallied 26 per cent in an otherwise volatile market. In comparison, the S&P BSE Sensex was down 3 per cent, during the same period

JBM Auto freezes at upper limit, hits new high; stock up 123% in two months

The company has aquired 51% stake in JBM Green Energy Systems and JBM EV Industries through its subsidiary JBM Electric Vehicles.

Stocks to Watch: RIL, M&M, Neogen, JBM Auto, Kopran, UBL, Voda Idea

The markets may consolidate after two days of strong gains for the benchmark indices

JBM Auto at new high ahead of board meet for stock split, up 87% in 1 month

The board of directors of the company is scheduled to meet on Wednesday, December 8, 2021 to consider and approve the proposal of sub-division of company's equity shares having face value of Rs 5 each

JBM Auto surges 9% on stock split plan, up 62% in 11 trading sessions

The board of directors of JBM Auto are scheduled to meet on December 8, 2021 to consider and approve the proposal of sub-division of company's equity shares having face value of Rs 5 each

The share price of this auto company has zoomed 100% in just two months

JBM Auto is cautiously optimistic for FY22 due to higher spend in infrastructure, PLI scheme, scrappage policy and the work done so far within the company.

Can the policy push to EVs give a booster shot to pandemic-hit bus makers?

The high acquisition cost may still be a dampener for the financially beleaguered STUs

JBM Auto bags order for 700 low floor BS-VI compliant buses for DTC

The buses also have features like electronic braking system, public address system and kneeling mechanism

JBM Auto soars 9%, hits 52-week high on order win from Delhi Transport Corp

The company has received orders for supply of 700 units of JBM 'CITYLIFE' fully air conditioned BS-VI CNG low-floor buses from Delhi Transport Corporation

JBM Auto incorporates subsidiary; stock surges 12%, hits 52-week high

The incorporation of JBM Ecolife Mobility will leverage the growth opportunities in the evolving Emobility/ Electric Vehicles Segment including e-buses etc

JBM Auto jumps 14% on receipt of order to supply 300 buses

The company received orders for CNG buses orders from Delhi Integrated Multi-Modal Transit System and for Airport tarmac applications from Spicejet & Indigo airlines.

JBM Auto hits new high, stock zooms over 100% in five weeks

The stock hit a new high of Rs 624, zoomed 101% from Rs 310 on August 8, 2017 as compared to 3% rise in the S&P BSE Sensex

JBM Auto gains as board approves fund raising plan

JBM Auto has moved higher by 9% to Rs 242 on the BSE in intra-day trade.