JBM Auto Surges 3.23% on Strong Volumes Following IFC Investment in E-Bus Deployment

Mumbai, September 15, 2025 – JBM Auto Limited (NSE: JBMA, BSE: 532605) shares continued their two-day winning streak on Monday, closing with a 3.23% gain, due to robust follow-through buying following the announcement from the company regarding the International Finance Corporation (IFC) putting in $100 million equity for scaling up the deployment of electric buses.

Key Trigger

The rally comes following JBM Auto’s announcement that its subsidiary, JBM Ecolife Mobility, raised $100 million in equity from IFC. The IFC investment will be used to finance and operate 1,455 electric buses under the government’s PM e-Bus Sewa program. The deployment will be in Maharashtra, Assam, and Gujarat. The transaction is IFC’s biggest-ever e-bus investment globally and its first investment in Asia, demonstrating the significance of India’s e-mobility market to the global shift towards sustainable transportation.

Market Performance

The stock has seen an upturn in the last few sessions. Following a marginal drop on September 11, 2025, when it had closed at ₹625.85, momentum picked up hugely the following day. On September 12, the stock jumped close to 14%, closing at ₹712.95 on the back of huge trading volumes.

JBM Auto shares closed at ₹736, up 3.23% on September 15, 2025. JBM Auto shares have increased by 18.2% in the past 5 days, by 17.48% in the past month, by 41.14% in the past six months, and fell by 27.33% in the last year.

JBM Auto Ltd started the trade at ₹715 and traded between the intraday low of ₹713.10 and the intraday high of ₹764.30. The market cap of the company is ₹8,710 crore. In the last 12 months, the stock has moved between a 52-week low of ₹489.80 and a 52-week high of ₹1,032.50, reflecting its dominant upward movement. JBM Auto is now trading at a price-to-earnings (P/E) ratio of 84.71. For investors, the company continues to yield dividends with a quarterly payment of ₹0.22 per share, translating into a small dividend yield of 0.12%.

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