Share market investment remains a key focus for investors, and JBM Auto Limited has added another milestone to its journey. On February 20, 2025, the company's shares saw an intraday rally of approximately 4.45%, rising to ₹675 apiece before experiencing a decline.
This movement followed the announcement that JBM Ecolife Mobility Private Limited, a subsidiary of JBM Auto, secured an order worth approximately ₹5,500 crores. This project involves the end-to-end execution of 1,021 electric buses and related infrastructure under the PM-eBus Sewa Scheme.
Major boost for EV adoption
The initiative supports share market investment opportunities, with JBM Auto playing a critical role in expanding electric mobility. The awarded project includes the development of electric and civil infrastructure, ensuring efficient deployment of these buses across 19 cities in Gujarat, Maharashtra, and Haryana. These buses are expected to contribute to over 32 billion passenger e-kilometres and reduce more than 1 billion tonnes of CO2 emissions over 12 years.
Growing order book enhances market confidence
For those looking at share market investment, JBM Auto's growing order book signals strong long-term potential. With this recent win, the company now has over 11,000 electric buses in various stages of execution. This significant order will push the company towards achieving its Net Zero 2040 goal, aligning with global sustainability efforts.
Diversified operations drive growth
Investors interested in share market investments are closely monitoring JBM Auto due to its diversified operations. Apart from manufacturing electric buses, the company is involved in automotive components, engineering, design services, renewable energy, and railways. With over 40 manufacturing plants and 4 engineering centres across 18 global locations, JBM Auto serves major automotive brands, reinforcing its position in the industry.
Financial stability and market presence
As share market investment trends evolve, JBM Auto's financial sustainability remains a key factor. The order comes with a Payment Security Mechanism (PSM), ensuring timely payments and reducing financial risks for stakeholders. This mechanism enhances trust and stability, making the company an attractive choice for investors seeking exposure to the electric vehicle sector.
JBM Auto stock performance update
At 12:00 PM on February 20, 2025, JBM Auto Limited shares were down by 4.65%, trading at ₹617.50 per share. Despite the recent dip, the company's long-term growth prospects remain strong, driven by its expanding order book and strategic focus on electric mobility. For those considering share market investment, keeping an eye on JBM Auto’s performance could be a strategic move.
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