JBM Auto, the company engaged in the manufacturing of tools, dies and moulds, has received orders for supply of electric and compressed natural gas (CNG) buses. JBM Auto received order for supply of 500 CNG and electric buses from various entities.
JBM Auto received one order for supply of BS VI CNG buses for Delhi Integrated Multi-Modal Transit System Limited (DIMTS). Other orders included supply of electric buses to Bengaluru Metropolitan Transport Corporation (BMTC), electric buses for Jhansi - Smart City and electric buses for multiple corporate clients. These orders will be executed in the current financial year.
Shares of the company gained Rs 56.65, or 12.33%, to settle at Rs 516.15. The total volume of shares traded was 98,895 at the BSE (Thursday).
