200% Return in 1 Year: Company Gets Big Electric Bus Contract Worth Rs 7500 Crore

It’s a renowned player in the automotive industry and its subsidiary company has won a big project regarding electric buses. On Tuesday, its shares saw a rise of more than 7% and the share price reached the day’s highest level of Rs 2,060.60. However, profits booking were seen after 11:00 AM and the stock closed at Rs 1,909 with a gain of 1.80%. Its 52-week high is Rs 2,417.30 and its 52-week low is Rs 604.

Company Wins Major Contract for Electric Buses

JBM Auto Limited, a renowned player in the automotive industry, recently informed in its BSE filing that JBM EcoLife Mobility Pvt. Ltd, a division of JBM Auto Ltd. has achieved the top position (L1) and won a significant contract. The contract covers the operation, maintenance, and supply of 1,390 electric buses.

Additionally, the company will be responsible for developing allied electric and civil infrastructure under the gross cost Contract Framework (GCC) of the PM-eBus Service Scheme. JBM Ecolife Mobility has received this order from Convergence Energy Services Ltd. [CESL], and the value of this contract is Rs 7500 crore. The completion period of this project is estimated to be 12 to 18 months.

JBM Auto
JBM Auto

JBM Auto Shares Performance & Return

Shares of JBM Auto were listed on BSE in Dec 2004 and since its listing, it has given wonderful returns. JBM Auto shares have surged more than 30000% since listing. If we talk about the company’s recent stock performance, it has tripled in a year.

PeriodClosingGrowthReturns on ₹1 Lakh
1M₹2,306.65-17.24%₹82,761
2M₹1,800.006.06%₹106,056
3M₹1,407.1035.67%₹135,669
4M₹1,300.5546.78%₹146,784
5M₹1,159.8064.60%₹164,597
6M₹1,434.7533.05%₹133,055
7M₹1,538.9524.05%₹124,046
8M₹1,406.0535.77%₹135,770
9M₹1,020.4587.07%₹187,074
10M₹767.85148.62%₹248,616
11M₹813.15134.77%₹234,766
12M₹620.20207.80%₹307,804

JBM Auto shares have surged more than 200% in the last 12 months. if you had invested ₹1 lakh in it a year ago, today the value of those shares would have increased to ₹307,804.

JBM Auto Shares Performance in 2024 YTD

MonthOpeningClosingGain/ Fall
Jan₹1,619.95₹1,915.6518.25%
Feb₹1,963.20₹2,160.3510.04%
Mar₹2,147.20₹1,909.00-11.09%
Total Returns in 202417.84%

JBM Auto’s share price was ₹1,619.95 in January and today it is trading at ₹1,909.00, indicating an overall gain of 17.84% in 2024 YTD.

JBM Auto Shares Surged 182% in 2023

MonthOpeningClosingGain/ Fall
Jan₹520.65₹534.202.60%
Feb₹513.55₹573.1511.61%
Mar₹569.00₹644.6013.29%
Apr₹704.30₹802.0513.88%
May₹780.85₹810.103.75%
Jun₹803.35₹1,335.6566.26%
Jul₹1,388.45₹1,405.101.20%
Aug₹1,399.95₹1,501.107.23%
Sep₹1,503.20₹1,374.75-8.55%
Oct₹1,332.45₹1,203.15-9.70%
Nov₹1,206.90₹1,241.602.88%
Dec₹1,241.35₹1,465.9018.09%
Total Returns in 2023181.55%

The share price of JBM Auto in January 2023 was ₹520.65, and on the last trading day of the year, it closed at ₹1465.90 with a gain of 181.55%.

₹1 Lakh Became ₹9 Crores in 15 Years (Compounded Performance)

The table below shows the company’s absolute returns and CAGR growth from the listing. You can also check that if someone has invested a lump sum of Rs 1 lakh then what is the value of those shares today…

PeriodGrowthCAGRReturns on ₹1 Lakh
1Y208%207.80%₹307,804
2Y319%104.63%₹418,732
3Y1029%124.36%₹1,129,319
4Y3864%150.92%₹3,963,870
5Y1685%77.96%₹1,785,113
6Y1057%50.40%₹1,157,391
7Y1607%49.98%₹1,706,903
8Y3314%55.47%₹3,413,805
9Y2108%41.04%₹2,208,468
10Y17223%67.44%₹17,323,049
11Y30740%68.38%₹30,840,065
12Y38004%64.09%₹38,103,792
13Y32757%56.17%₹32,857,143
14Y27289%49.32%₹27,388,809
15Y92122%57.64%₹92,222,222
16Y51217%47.70%₹51,317,204
17Y41131%42.51%₹41,231,102
18Y20605%34.48%₹20,704,989
19Y37112%36.55%₹37,212,476
Since Listing33333%35.23%₹33,432,574
  • JBM Auto shares have increased more than 1000% in the last three years.
  • Shares of JBM Auto have increased investors’ money more than 17 times in the last five years and more than 172 times in 10 years.
  • The value of shares of investors who had invested Rs 1 lakh in it fifteen years ago has increased to ₹92,222,222 (₹9.22 crore) today.
  • The CAGR growth of the stock for the last 5 years is 77.96%, for the last 10 years is 67.44%, and for the last 15 years is 57.64%.

JBM Auto Shares Performance (Year-wise)

JBM Auto shares yearly performance, returns, historical performance, or data.

YearOpenCloseGain/ Fall
2024₹1,619.95₹1,934.3019.40%
2023₹520.65₹1,465.90181.55%
2022₹494.68₹515.504.21%
2021₹111.78₹449.84302.43%
2020₹112.64₹111.12-1.35%
2019₹121.12₹114.10-5.80%
2018₹217.56₹123.48-43.24%
2017₹94.70₹219.62131.91%
2016₹76.40₹92.2820.79%
2015₹74.96₹76.121.55%
2014₹6.89₹71.40936.28%
2013₹6.58₹6.701.82%
2012₹4.88₹6.6536.27%
2011₹8.95₹5.09-43.13%
2010₹5.80₹8.8151.90%
2009₹2.21₹5.56151.58%
2008₹7.52₹2.27-69.81%
2007₹6.93₹6.970.58%
2006₹8.54₹6.80-20.37%
2005₹5.93₹8.6445.70%
2004₹5.71₹4.99-12.61%
5/5 - (1 vote)

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