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JBM Auto shines on the buzz of unveiling Eco-Life electric bus at Auto Expo 2018

08 Feb 2018 Evaluate

JBM Auto is currently trading at Rs. 482.60, up by 20.65 points or 4.47% from its previous closing of Rs. 461.95 on the BSE.

The scrip opened at Rs. 464.70 and has touched a high and low of Rs. 497.00 and Rs. 456.90 respectively. So far 26516 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 628.50 on 18-Sep-2017 and a 52 week low of Rs. 257.30 on 08-Feb-2017.

Last one week high and low of the scrip stood at Rs. 497.00 and Rs. 385.25 respectively. The current market cap of the company is Rs. 1986.53 crore.

The promoters holding in the company stood at 61.96%, while Institutions and Non-Institutions held 1.12% and 36.92% respectively.

JBM Auto has reportedly unveiled its Eco-Life electric bus at the Auto Expo 2018 in Greater Noida. The maximum speed of the bus is 75 kmph. The seating capacity of the bus ranges between 36-40. The eco-friendly bus will cost between Rs 2 crore to Rs 3 crore depending on the customizations.

JBM Auto is an automotive company that manufactures auto systems and city buses. The company manufactures sheet metal components for automobiles, and tools and dies for automobiles.

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