JBM auto components surged 4.23 per cent to Rs 37.90 on reports that company plans to invest Rs 410 crore to set up three greenfield plants over the next two years. The scrip opened at a price of Rs 36.05 and went on to achieve a high of Rs 40 and a low of Rs 36.05. A total of 5,662 shares of JB auto components changed hands at the BSE.
The scrip has jumped 11.46 per cent since the last one month. The company recently signed a joint venture with Ashok Leyland to supply sheet metal components.
