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JBM Auto gains on planning to raise funds via NCDs

03 Aug 2018 Evaluate

JBM Auto is currently trading at Rs. 350.60, up by 3.60 points or 1.04% from its previous closing of Rs. 347.00 on the BSE.

The scrip opened at Rs. 347.00 and has touched a high and low of Rs. 350.60 and Rs. 347.00 respectively. So far 315 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. 287.15 on 28-Jun-2018.

Last one week high and low of the scrip stood at Rs. 351.00 and Rs. 335.35 respectively. The current market cap of the company is Rs. 1415.60 crore.

The promoters holding in the company stood at 61.96%, while Institutions and Non-Institutions held 1.01% and 37.04% respectively.

JBM Auto is planning to raise funds through Non-convertible debentures (NCDs) which also includes various available options/instruments including QIP on private placement basis. The company shall place the said proposal before the Board of Directors of the company for their consideration and approval.

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.

JBM Auto Share Price

619.45 -9.25 (-1.47%)
05-May-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 120.20
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CIE Automotive India 482.55
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