JBM Auto hits record high on receipt of orders for supply of 500 CNG/ Electric Buses

These orders will be executed in the current financial year, the company said.

Sep 23, 2021 02:09 IST India Infoline News Service

Bull Market
JBM Auto Limited has received orders for the supply of 500 CNG/ Electric Buses.

The company received orders for BS-VI CNG Buses for Delhi Integrated Multi-Modal Transit System Limited (DIMTS). It also received orders for Electric Buses for Bengaluru Metropolitan Transport Corporation (BMTC), for Jhansi — Smart City, Uttar Pradesh; and for multiple corporate clients.

These orders will be executed in the current financial year.

At around 2.15 pm, JBM Auto Ltd was trading at Rs523.90 per piece up by Rs64.4 or 14.02% from its previous closing of Rs459.50 per piece on the BSE.
The scrip opened at Rs467.30 and has touched a fresh 52-week high of Rs537 per piece during intraday trade on Thursday. 

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