Shares of JBM Auto have delivered multibagger return to its long-term investors as they have zoomed over 17,000% in the last 10 years
JBM Auto is engaged in the manufacturing of sheet metal components, assemblies, sub‐ assemblies, tools, dies and moulds. The company’s manufacturing facilities and tool rooms are located in leading automobile hubs of India at Faridabad, Greater Noida, Nasik, Chennai, Sanand, Pune and Indore
The products of JBM Auto are used in two‐wheelers, cars, tractors and trucks, white goods industries and other sectors in India and overseas
Shares of JBM Auto hit a 52-week high of Rs 992.25 on June 13, 2023, and a 52-week low of Rs 361.70 on September 28, 2022
Shares of JBM Auto ended 3% lower at Rs 954.60 on BSE on June 13, 2023. The market cap of the firm fell to Rs 11,287.87 crore on BSE
JBM posted a net profit of Rs 28 crore, down by 66% from Rs 85 crore in the same quarter a year ago. Revenue declined by 6% to Rs 1,010 crore as against Rs 1,072 crore in the fourth quarter of the previous fiscal
The board of directors recommended a final dividend of 65% aggregating to Rs 1.30 per equity share for the year ended March 31, 2023
JBM Auto Limited is the flagship company of the US$1.2 bn JBM Group that has a diversified portfolio in the field of automotive, engineering & design services and renewables, with an infrastructure of 35 manufacturing plants and 4 engineering & design centres across 18 locations globally
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