JBM Auto has been a gainer for the past three days. The stock, today rose almost 9.5% at Rs.253 with a robust volume. Its 20% UC for the day stands at Rs.277.65.
The company announced today morning that it has bagged India’a first BS6 complaint AC low floor CNG bus order for New Delhi from Delhi Integrated Multi-Modal Transit System (DIMTS).
JBM Auto will be supplying 116 CITYLIFE BS6 buses to Operator which will be running under the DIMTS Cluster in New Delhi.
Deliveries of the first batch of these buses shall start this month end onwards.
No financial details of this order were given.