Home / Markets / News / JBM Auto soars 9%, hits 52-week high on order win from Delhi Transport Corp

JBM Auto soars 9%, hits 52-week high on order win from Delhi Transport Corp

The company has received orders for supply of 700 units of JBM 'CITYLIFE' fully air conditioned BS-VI CNG low-floor buses from Delhi Transport Corporation

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In the past one month, the stock has outperformed the market by surging 33 per cent, as compared to a 4 per cent rise in the S&P BSE Sensex.

SI Reporter Mumbai

2 min read Last Updated : Jan 18 2021 | 12:35 PM IST

Shares of JBM Auto soared 9 per cent, hitting a fresh 52-week high of Rs 350, on the BSE in the intra-day trade in an otherwise weak market after the company bagged order for supply of 700 buses from Delhi Transport Corporation. The stock surpassed its previous high of Rs 338, touched on January 11, 2021.

JBM Auto informed the stock exchanges that the Company has received orders for supply of 700 units of JBM 'CITYLIFE' fully air conditioned BS-VI CNG low-floor buses from Delhi Transport Corporation vide its Letter of award dated 15-01-2021. These orders will be executed in the

Topics : JBM Auto Buzzing stocks Markets

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