JBM Auto Ltd

Gujarat Mineral Development Corporation Ltd, Indian Renewable Energy Development Agency Ltd, Olectra Greentech Ltd, NTPC Green Energy Ltd are among the other stocks to see a surge in volumes on NSE today, 16 April 2025.JBM Auto Ltd notched up volume of 155.31 lakh shares by 14:14 IST on NSE, a 47.05 fold spurt over two-week average daily volume of 3.30 lakh shares. The stock rose 10.58% to Rs.691.20. Volumes stood at 2.68 lakh shares in the last session.Gujarat Mineral Development Corporation Ltd saw volume of 144.6 lakh shares by 14:14 IST on NSE, a 15.44 fold spurt over two-week average daily volume of 9.36 lakh shares. The stock increased 12.18% to Rs.321.95. Volumes stood at 10.38 lakh shares in the last session.Indian Renewable Energy Development Agency Ltd recorded volume of 1030.41 lakh shares by 14:14 IST on NSE, a 7.53 times surge over two-week average daily volume of 136.79 lakh shares. The stock gained 6.41% to Rs.177.69. Volumes stood at 275.95 lakh shares in the last session.Olectra Greentech Ltd saw volume of 33.51 lakh shares by 14:14 IST on NSE, a 7.35 fold spurt over two-week average daily volume of 4.56 lakh shares. The stock increased 5.84% to Rs.1,248.80. Volumes stood at 3.21 lakh shares in the last session.NTPC Green Energy Ltd registered volume of 380.03 lakh shares by 14:14 IST on NSE, a 6.78 fold spurt over two-week average daily volume of 56.08 lakh shares. The stock rose 8.04% to Rs.106.87. Volumes stood at 48.99 lakh shares in the last session.Powered by Capital Market - Live

Garware Hi Tech Films Ltd, Engineers India Ltd, Samhi Hotels Ltd and BF Utilities Ltd are among the other gainers in the BSE's 'A' group today, 16 April 2025.JBM Auto Ltd soared 10.66% to Rs 692.7 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 8.34 lakh shares were traded on the counter so far as against the average daily volumes of 71037 shares in the past one month. Garware Hi Tech Films Ltd spiked 9.99% to Rs 3211.2. The stock was the second biggest gainer in 'A' group. On the BSE, 62351 shares were traded on the counter so far as against the average daily volumes of 11935 shares in the past one month. Engineers India Ltd surged 8.57% to Rs 183.75. The stock was the third biggest gainer in 'A' group. On the BSE, 1.68 lakh shares were traded on the counter so far as against the average daily volumes of 3.19 lakh shares in the past one month. Samhi Hotels Ltd spurt 8.37% to Rs 172.25. The stock was the fourth biggest gainer in 'A' group. On the BSE, 2.23 lakh shares were traded on the counter so far as against the average daily volumes of 1.43 lakh shares in the past one month. BF Utilities Ltd rose 7.34% to Rs 807.95. The stock was the fifth biggest gainer in 'A' group. On the BSE, 37420 shares were traded on the counter so far as against the average daily volumes of 18636 shares in the past one month. Powered by Capital Market - Live

JBM EV Ventures will focus on research, development, manufacturing, and sale of advanced battery technologies and related products. The subsidiary will engage in activities that support the adoption and usage of electric vehicles, participating in government and private sector initiatives to promote sustainable transportation. Additionally, it will carry out any other allied business activities that align with the company's goal and benefit its stakeholders. The company has subscribed to 50,000 equity shares of JBM EV Ventures, each with a face value Rs 10 totaling Rs 5,00,000. It holds 100% shareholding in JBM EV ventures private. JBM Auto is engaged in the automotive business that manufactures and sell sheet metal components, tools, dies & moulds and buses including sale of spare parts, accessories & maintenance contract of buses. The company's consolidated net profit increased 8.2% to Rs 52.64 crore in Q3 FY25 as compared with Rs 48.66 crore in Q3 FY24. Net sales rose 3.7% YoY to Rs 1396.15 crore during the quarter. The counter declined 2.32% to end at Rs 584.05 on Tuesday, 25th February 2025.Powered by Capital Market - Live

JBM Auto has incorporated a wholly owned subsidiary company i.e. 'JBM EV Ventures'. Main object of JBM EV Ventures to carry on the business of providing electric vehicle (EV) battery services to customers on a subscription basis, Leasing, renting, and subscription of EV batteries. - Research, development, manufacturing, and sale of advanced battery technologies and related products. - Engage in activities that support the adoption and usage of electric vehicles. - Participating in government and private sector initiatives to promote sustainable transportation. - To carry out any other allied business activities that are in the best interest of the company and its stakeholders. Powered by Capital Market - Live

JBM Ecolife Mobility , a subsidiary of JBM Auto, has been awarded the Tender for end-to-end execution of 1,021 [One thousand twenty one] Electric Buses and development of allied electric and civil Infrastructure on Gross Cost Contracting [GCC] under the PM-eBus Sewa Scheme (Tender-II). The project will be supported by a Payment Security Mechanism (PSM), ensuring timely payments to electric bus operators and enhancing financial sustainability for industry stakeholders. The approximate order value of the tender stands at Rs. 5,500 crore. These e-buses will be deployed in around 19 cities across Gujarat, Maharashtra and Haryana. The Company has received on 18 February 2025, the Letter of Confirmation of Quantities eligible for award as issued by Convergence Energy Services [CESL]Powered by Capital Market - Live

The order includes procurement, supply, operation and maintenance of 1,021 electric buses and development of allied electric and civil Infrastructure on gross cost contracting (GCC) under the PM-eBus Sewa Scheme (Tender-II). These e-buses will be deployed in around 19 cities across Gujarat, Maharashtra and Haryana. The project is expected to be completed within 12 to 18 months. JBM Auto is engaged in the automotive business that manufactures and sell sheet metal components, tools, dies & moulds and buses including sale of spare parts, accessories & maintenance contract of buses. The company's consolidated net profit increased 8.2% to Rs 52.64 crore in Q3 FY25 as compared with Rs 48.66 crore in Q3 FY24. Net sales rose 3.7% YoY to Rs 1396.15 crore during the quarter.Powered by Capital Market - Live

Net profit of JBM Auto rose 8.18% to Rs 52.64 crore in the quarter ended December 2024 as against Rs 48.66 crore during the previous quarter ended December 2023. Sales rose 3.71% to Rs 1396.15 crore in the quarter ended December 2024 as against Rs 1346.17 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1396.151346.17 4 OPM %12.0211.63 - PBDT117.21108.61 8 PBT72.7565.91 10 NP52.6448.66 8 Powered by Capital Market - Live

JBM Auto will hold a meeting of the Board of Directors of the Company on 29 January 2025.Powered by Capital Market - Live

JBM Auto has fixed 31 January 2025 as record date for determining the eligibility of members for the purpose of sub-division/Split of the equity shares of the Company from Face Value of Rs. 2/- each fully paid-up to Face Value of Re. 1/- each fully paid-up. Powered by Capital Market - Live

In an exchange filing made yesterday, the company stated that JBM Ecolife Mobility, a subsidiary/joint venture of JBM Auto, has been awarded a contract as a bus operator for procurement, operation and maintenance of 343 electric buses for Ahmedabad BRTS, Ahmedabad Municipal Transport Service under gross cost contracting [GCC] and some leading corporates. The total value of the said contract is Rs 1,800 crore and it has to be executed within a period of one year. JBM Auto is engaged in the automotive business that manufactures and sell sheet metal components, tools, dies & moulds and buses including sale of spare parts, accessories & maintenance contract of buses. The company's consolidated net profit rose 11.96% to Rs 49.53 crore on a 4.47% increase in sales to Rs 1,285.98 crore in Q2 FY25 as compared with Q2 FY24. Powered by Capital Market - Live