JBM Auto Ltd.

NSE: JBMA | BSE: 532605 | ISIN: INE927D01051 | Industry: Auto Parts & Equipment
| Expensive Performer
675.4500 0.45 (0.07%)
NSE Apr 28, 2025 15:31 PM
Volume: 354.7K
 

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JBM Auto Ltd.
30 Mar 2016
675.45
0.07%
Karvy
Revenues are expected to grow at CAGR of 7.5% between FY15-18E driven by a combination of auto-sector performances. However, we expect the traction mainly from M&HCVs and the newly manufactured Low-flat buses. However, the 9MFY16 revenues have declined by 7% as compared to the previous year because of whichwe expect revenues to slightly increase by 1.9% in FY16E as we have accounted revenues from buses for Q4FY16E and by 11.0% in FY17E and 12.5% in FY18E expecting positive momentum in the passenger and commercial vehicle segment.
JBM Auto Ltd. is trading above its 50 day SMA of 599.4
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