GulfHindi English Desk: JBM Auto’s shares saw a surge in Friday’s stock market. The main reason for this was the company receiving an order to manufacture 5000 electric buses. JBM Auto announced through the BSE website that it will supply electric buses to states like Gujarat, Delhi, Telangana, and Odisha. The supply will include city buses, staff buses, and term coaches, ranging from 9 to 12 meters in size.
In the past month, the prices of JBM Auto’s shares have increased by more than 57%. Investors who bought JBM Auto shares just 6 months ago and held onto them have seen a growth of 166%. Over the past year, the prices of this electric bus manufacturer’s shares have increased by 235%.
This news has brought excitement to investors as they have witnessed good returns on their investment. JBM Auto’s success in securing the order to manufacture electric buses and the subsequent increase in share prices has proven to be a profitable journey for investors.
en.gulfhindi.com News Summary
👉JBM Auto’s shares saw an increase in the stock market on Friday due to receiving an order to manufacture 5000 electric buses.
👉JBM Auto will supply electric buses to states like Gujarat, Delhi, Telangana, and Odisha.
👉The order includes supplying city buses, staff buses, and term coaches ranging from 9 to 12 meters.
👉The price of JBM Auto’s shares has increased by over 57% in the past month.
👉Investors who bought JBM Auto’s shares 6 months ago have seen a growth of 166% in their investment.
👉In the past year, the price of JBM Auto’s shares has increased by 235%.
👉JBM Auto’s shares have provided good returns to investors.
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