JBM Auto Ltd. News and Updates

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JBM Auto Ltd.

10 May 2023

677.65

3.10%

From new 52-week high to nosediving 9%, JBM Auto stock under pressure after Q4 numbers; here's why

livemint

In Q4FY23, JBM earned a net profit of 28.4 crore, declining by 66% from 85.3 crore in the same quarter a year ago. Revenue also declined by 5.7% to 1,010 crore as against 1,072 crore in Q4 of previous fiscal.

JBM Auto Ltd.'s price crossed above 50Day SMA today

JBM Auto Consolidated March 2023 Net Sales at Rs 1,010.06 crore, down 5.8% Y-o-Y

Moneycontrol | 10 May 2023 1 more

JBM Auto Ltd.

19 Apr 2023

677.65

3.10%

Big Movers: What should investors do with Indian Bank, JBM Auto and Glenmark Pharma?

Economic Times

Stocks that were in focus include names like Indian Bank which was up more than 3%, JBM Auto which rose more than 6% and Glenmark Pharma which closed with gains of over 3%. All stocks hit fresh 52-week highs on Tuesday.

JBM Auto Ltd. is trading above its 200 day SMA of 657.9

JBM Auto Ltd.

16 Jan 2023

677.65

3.10%

JBM Auto earmarks Rs 800 core this CY to beef up EV operations

Moneycontrol

FY 2026-27, the company expects the size of the new bus market to grow to 80,000 to 90,000 units per annum and 50 percent of them to be pure electric vehicles

JBM Auto Ltd. is trading below its 30 day SMA of 680.3

JBM Auto Ltd.

11 Jan 2023

677.65

3.10%

JBM Auto launches first self-designed electric luxury coach 'Galaxy'

Business Standard

JBM Auto on Wednesday launched its first self-designed and self-manufactured electric luxury coach 'Galaxy' here at Auto Expo 2023. The company, a part of USD 2.2 billion JBM group, also showcased its new series of e-buses, including city bus, staff bus and school bus. Expanding the company's offering in the emerging electric vehicle segment, JBM Auto Vice Chairman Nishant Arya said it will grow "exponentially" over the next few years. "The new range of electric buses will address the growing market requirements, especially the fleet owners, who are looking for sustainable, safe, reliable and profitable solutions," said Arya. However, the company did not disclose the price of the coach. Currently, 1,000 JBM electric buses are plying in 12 states. "JBM group is the only player in the Indian market to offer an entire EV ecosystem and is committed to investing in green mobility solutions," Arya added. Besides, JBM Auto will invest in upgrading manufacturing capacity and setting up