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Jay Bharat Maruti enters into agreement to form JVC

14 May 2018 Evaluate

Jay Bharat Maruti has entered into the shareholder’s agreement with JBM Auto 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).

Jay Bharat Maruti is engaged in manufacturing of sheet metal components, welded assemblies, exhaust systems, fuel fillers (fuel pipe), chassis and suspension parts, and components for automobiles.


Peers
Company Name CMP
SamvardhanaMotherson 157.50
Tube Investments 2121.95
Bosch 47199.95
UNO Minda 1082.05
Bombay Burmah Trdg. 1151.90
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