Jay Bharat Maruti is currently trading at Rs. 60.00, up by 2.90 points or 5.08% from its previous closing of Rs. 57.10 on the BSE.
The scrip opened at Rs. 60.00 and has touched a high and low of Rs. 63.80 and Rs. 59.50 respectively. So far 28496 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 100.85 on 18-Apr-2011 and a 52 week low of Rs. 36.50 on 02-Jan-2012.
Last one week high and low of the scrip stood at Rs. 63.80 and Rs. 50.10 respectively. The current market cap of the company is Rs. 128.82 crore.
The promoters holding in the company stood at 58.57% while Institutions and Non-Institutions held 0.06% and 41.37% respectively.
Jay Bharat Maruti has reported results for fourth quarter ended March 31, 2012.
The company has reported a fall of 7.74% in its net profit at Rs 11.08 crore for the quarter ended March 31, 2012 as compared to Rs 12.01 crore for the same quarter in the previous year. However, total income has increased by 7.66% at Rs 326.75 crore for quarter under review as compared to Rs 303.50 crore for the quarter ended March 31, 2011.
Jay Bharat Maruti (JBML), a public limited company, was incorporated in 1987 as a joint venture with Maruti Suzuki India Limited (MSIL). Keeping pace with the steep rise in demand and quality of passenger cars and the fierce competition from the entry of international auto majors in the country, JBM had to continually expand its manufacturing capacity and capability.
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