JBM Auto stock rallies 20% on order of 300 buses
On the NSE, the scrip jumped 12.02 per cent at Rs 210.20.
By PTI | Updated:
Agencies
Shares of JBM Auto rallied 20 per cent on Wednesday after the company received orders for supply of 300 buses from various organisations.
The company said on Wednesday it has received orders for 300 buses from Delhi Integrated Multi-Modal Transit System (DIMTS), Spicejet, InterGIobe Aviation and Navi Mumbai Municipal Transport Corporation.
"The order will be fully executed before the end of current financial year ending March 31, 2020," JBM Auto said in a BSE filing.
The shares of the company closed 19.73 per cent higher at Rs 224.55 on BSE.
The company said on Wednesday it has received orders for 300 buses from Delhi Integrated Multi-Modal Transit System (DIMTS), Spicejet, InterGIobe Aviation and Navi Mumbai Municipal Transport Corporation.
"The order will be fully executed before the end of current financial year ending March 31, 2020," JBM Auto said in a BSE filing.
The shares of the company closed 19.73 per cent higher at Rs 224.55 on BSE.
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