1,664.82% Massive Return; 1390 EV Buse Order; This EV Share Will Cross ₹2200
JBM Auto Limited (NSE: JBMA) Share: Shares of JBM Auto Limited have risen 17 percent so far this year 2024.
The company’s stock rose 2.17 percent to Rs 1,897.55 during trading on Thursday. This stock has increased in value by 206 percent over the past year.
This stock has risen 1,664.82% in five years. This stock has given strong returns in the long term. On March 27, 2009, the price of this share was Rs 2.
Accordingly, this share has given returns of up to 95000% so far. That means during this period it has increased the investment of Rs 1 lakh to more than Rs 9 crore. Experts say that This EV Share Will Cross ₹2200.
Order For 1,390 Electric Buses
JBM Ecolife Mobility Private Limited (a subsidiary of our company) has received an order of 1,390 electrified buses as part of PM-eBus.
This order is worth approximately Rs 7,500 crore.
What’s The Opinion Of The Brokerage
According to market experts, shares of JBM Auto Limited may rise. A brokerage firm said that you can buy it for a target price of Rs 2,050.
He said that stop loss should be kept at Rs 1,850. Another brokerage said that the stock may reach Rs 2,050 very soon.
JBM Auto belongs to JBM Group. JBM Group has more than 25 offices in 10 countries. The company is one of the leading auto system manufacturers in the world.
It also manufactures electric vehicles, buses, and other major automotive systems.
About JBM Auto Ltd
JBM Auto Limited is an Indian company. It is engaged in the automotive sector. It makes and sells sheet metal parts such as tools, dies buses, and molds.
Additionally, it is an Original Equipment Manufacturer (OEM) because it participates in the manufacture of busses for passengers. Buses.
It is operated by three divisions: Sheet Metal Components, Assemblies & Sub-assemblies (Component Division), Tool, Dies & Moulds (Tool Room Division) as well as the OEM Division.
The Component Division is engaged in manufacturing automobile parts for passenger and commercial automobiles.
This Tool Room Division is engaged in the production of dies for the segment of sheet metal or sells dies.
The OEM Division includes activities related to the design, development production, assembly, and sales of buses, as well as accessories, parts, and maintenance agreements of the same.
It provides complete solutions for all business sectors, which include three-wheelers, two-wheeler vehicles, as well as commercial vehicles.
Fundamental Analysis of JBM Auto Ltd
Market Cap | ₹ 22,103 Cr. |
Current Price | ₹ 1,869 |
52-wk High | ₹ 2,428 |
52-wk Low | ₹608 |
Stock P/E | 146 |
Book Value | ₹ 90.1 |
Dividend | 0.07 % |
ROCE | 11.8 % |
ROE | 12.9 % |
Face Value | ₹ 2.00 |
P/B Value | 20.7 |
OPM | 11.4 % |
EPS | ₹ 12.8 |
Debt | ₹ 2,055 Cr. |
Debt to Equity | 1.93 |
JBM Auto Ltd Share Price Target 2024 To 2030
Year | 1st Target | 2nd Target |
2024 | ₹1800 | ₹1945 |
2025 | ₹2000 | ₹2154 |
2026 | ₹2200 | ₹2345 |
2027 | ₹2400 | ₹2645 |
2028 | ₹2700 | ₹3000 |
2029 | ₹3125 | ₹3245 |
2030 | ₹3451 | ₹3526 |
JBM Auto Ltd Shareholding Pattern
Promoters Holding | |
Dec 2022 | 67.53% |
Mar 2023 | 67.53% |
June 2023 | 67.53% |
Sept 2023 | 67.53% |
Dec 2023 | 67.53% |
FII Holding | |
Dec 2022 | 1.37% |
Mar 2023 | 1.66% |
June 2023 | 1.73% |
Sept 2023 | 2.52% |
Dec 2023 | 2.82% |
DII Holding | |
Dec 2022 | 0.02% |
Mar 2023 | 0.05% |
June 2023 | 0.02% |
Sept 2023 | 0.03% |
Dec 2023 | 0.04% |
Public Holding | |
Dec 2022 | 31.08% |
Mar 2023 | 30.76% |
June 2023 | 30.72% |
Sept 2023 | 29.91% |
Dec 2023 | 29.62% |
JBM Auto Ltd Share: Last 5 Years’ Financial Condition
To better understand how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
2019 | ₹ 2,207 Cr |
2020 | ₹ 1,947 Cr |
2021 | ₹ 1,982 Cr |
2022 | ₹ 3,193 Cr |
2023 | ₹ 4,533 Cr |
Last 5 Years’ Net Profit:
2019 | ₹ 98 Cr |
2020 | ₹ 69 Cr |
2021 | ₹ 49 Cr |
2022 | ₹ 156 Cr |
2023 | ₹ 160 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
2019 | 1.03 |
2020 | 0.78 |
2021 | 0.95 |
2022 | 1.53 |
2023 | 1.63 |
Last 10 Years’ Profit Growth:
10 Years: | 14% |
5 Years: | 12% |
3 Years: | 22% |
Current Year: | -17% |
Last 10 years’ Return on Equity (ROE):
10 Years: | 15% |
5 Years: | 13% |
3 Years: | 13% |
Last Year: | 13% |
Sales Growth Over 10 Years:
10 Years: | 13% |
5 Years: | 19% |
3 Years: | 26% |
Current Year: | 16% |
Conclusion
This article is a complete guide about Jbm Auto Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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