JBM Auto is currently trading at Rs. 435.40, up by 10.90 points or 2.57% from its previous closing of Rs. 424.50 on the BSE.
The scrip opened at Rs. 428.05 and has touched a high and low of Rs. 436.15 and Rs. 428.05 respectively.
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. 260.10 on 03-Jul-2017.
Last one week high and low of the scrip stood at Rs. 438.95 and Rs. 416.00 respectively. The current market cap of the company is Rs. 1,776.00 crore.
The promoters holding in the company stood at 61.96%, while Institutions and Non-Institutions held 0.75% and 37.29% respectively.
JBM Auto has entered into the shareholder’s agreement with Jay Bharat Maruti and Ogihara (Thailand) Company on May 11, 2018. The agreement is to set up a new tool room for manufacturing of press stamping dies including Ultra High Tensile and critical BIW Dies by forming a new Joint Venture Company (JVC).
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.