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EV Stock with 3200% Return Gets Major Boost from EV Bus Order


JBM Auto share: Share of JBM Auto Limited (NSE: JBMA) was in focus on Wednesday. The company’s stock saw a gain of up to 6% and the stock reached an intraday high of Rs 2011.85.

There is a big order behind this rise in share. JBM Electric Vehicles, an affiliate of JBM Auto, signed an agreement with LeafyBus to provide 200 luxury electric intercity buses.

What Is The Detail?

In these terms, under the contract, JBM Electric Vehicles will provide 200 electric intercity buses fitted with advanced technologies and features to offer the most comfortable eco-friendly, safe journey to passengers.

The buses will be operating across a variety of routes, increasing connectivity between cities and drastically decreasing the carbon footprint of intercity travel.

JBM Auto said in an announcement that the delivery is scheduled to be completed in over 24 months.

Current Status Of Company’s Shares

Share of JBM Auto Limited reached an intraday high of Rs 2011.85 on BSE today. The 52-week high cost of the share is Rs 2,417.30 while the 52-week lowest is Rs 1,113.70. The market capitalization that the business has is 23,091.89 crore.

Share of JBM Auto Limited has given a return of 20% so far this year and 25% in a year. In the past five years, shares in the company have grown by up to 3200 percent.

Five years ago, on 30 August 2019, the price of this share was Rs 60.

JBM Auto Stock Performance

Market Cap₹ 23,104 Cr.
Current Price₹ 1,953
52wk High₹ 2,428
52wk Low₹ 1,113
5 days Return0.59%
1 Month Return-6.49%

Company’s Fundamentals

Stock P/E127
Book Value₹ 98.8
Dividend0.08 %
ROCE14.4 %
ROE15.9 %
Face Value₹ 2.00
P/B Value19.8
OPM11.5 %
EPS₹ 15.4
Debt ₹ 2,127 Cr.
Debt to Equity1.82

JBM Auto Shareholdings

Promoters67.53%
FII’s3.30%
DII’s0.05%
Govt.
Public29.12%

Last 5 Years’ Sales (Figures in Rs. Crores)

YearSales
20201,947
20211,982
20223,193
20233,857
20245,208

Last 5 Years’ Net Profit (Figures in Rs. Crores)

YearNet Profit
202069
202149
2022156
2023125
2024197

Disclaimer: The website and its content are for informational purposes only and should not be considered investment advice.

careermotto

A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.

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