Explosive Volume Spike JBM Auto notches 155.31 lakh shares by afternoon—47.05x surge over two-week average of 3.30 lakh. Stock jumps 10.58% to ₹691.20
E-Bus Tender Catalyst Rally triggered by reports of government launching tenders for electric bus procurement. JBM Auto major beneficiary as leading EV bus manufacturer with established track record
Strong Q3 Performance Net profit rose 4.71% QoQ to ₹59.99 crore. Revenue jumped 27% YoY to ₹1,614 crore. Average quarterly profit growth 17.3% over last 3 quarters
EV Leadership Position Manufactures lithium-ion battery solutions, electric buses, charging infrastructure. Serves state transport undertakings, aviation sector, defense. Fortune 500 clients across mobility solutions
Market Cap ₹13,482 Crore Stock up 34% in past month despite broader market weakness. Chairman Nishant Arya leads EV transition strategy. Analysts bullish on government's green mobility push long-term