MoneyWorks4Me

JBM Auto’s arm acquires entire stake in Ecolife Indraprastha Mobility

21 Nov 2022 Evaluate

JBM Auto’s wholly owned subsidiary -- JBM Ecolife Mobility has acquired 100% Equity Shares of Ecolife Indraprastha Mobility with effective from November 19, 2022. After the aforesaid acquisition, Ecolife Indraprastha Mobility has become wholly owned subsidiary of JBM Ecolife Mobility and step-down wholly owned subsidiary of the Company. Cost of acquisition is Rs 50,000.

JBM Auto is the flagship company of JBM Group.

JBM Auto Share Price

645.05 -8.05 (-1.23%)
27-Aug-2026 14:55 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 165.70
Tube Investments 2867.90
Bosch 48761.10
UNO Minda 1277.40
Motherson SumiWiring 37.87
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: