Shares of JBM Auto have been final buying and selling 2.27 per cent decrease at Rs 434.20 on the BSE.
Share value of JBM Auto declined round three per cent on Wednesday, May 19, a day after the car part main introduced its January-March quarter outcomes for the monetary yr 2020-21. On Wednesday, JBM Auto opened on the BSE at Rs 455.95, swinging to an intra day excessive of Rs 455.95 and an intra day low of Rs 430.20, within the buying and selling session to date. According to a press release shared by the corporate, JBM Auto reported a web revenue of Rs 32.24 crore within the March quarter of the fiscal yr 2020-21.(Also Read: JBM Auto Net Profit Increases 103% To ₹ 32.24 Crore In March Quarter )
JBM Auto reported a web revenue of Rs 15.83 crore reported within the corresponding quarter of the earlier fiscal, marking a soar of 103.65 per cent within the fourth quarter of fiscal 2020-21. The soar in revenue was on the again of sturdy gross sales. The firm’s income from operations on a consolidated foundation stood at Rs 744.88 crore within the March quarter, in comparison with ₹ 475.21 crore within the corresponding interval of the earlier monetary yr.
JBM Auto Limited, the auto part main, is the flagship firm of the JBM Group. On the NSE, JBM Auto opened at Rs 446, registering an intra day excessive of Rs 446.95 and an intra day low of Rs 429.70, within the session to date. It was final buying and selling 2.92 per cent decrease at Rs 433.90 on the NSE.
Shares of JBM Auto have been final buying and selling 2.27 per cent decrease at Rs 434.20 on the BSE.
