Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Red Flags Found

Speaking to ET NOW, Nagesh Basavanhalli, Group CEO & MD Greaves Cotton and Nishant Arya, Vice Chairman & MD, JBM Auto say with battery prices reducing, EVs are becoming more competitive. India will achieve its EV transition on time and it will be a global power house in the EV market. Demand for two-wheelers & three-wheelers is strong and is set to get better, they add. The market of electric buses is growing, they say. Market is evolving very fast and is gaining scale and momentum, according to them. Watch the full interview to know more about their views on EV expansion in India.
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ET NOW Special | The Electrification Drive | Nagesh Basavanhalli and Nishant Arya

The board will meet on December 8 to consider and approve the sub-division of the company’s equity shares having face value of Rs 5 each

JBM Auto Shares Trade Near 52-week High As Board To Consider Share Split

The board of directors of JBM Auto are scheduled to meet on December 8, 2021 to consider and approve the proposal of sub-division of company’s equity shares having face value of Rs 5 each

JBM Auto surges 9% on stock split plan, up 62% in 11 trading sessions

The auto component maker’s board will consider a stock split on 8 December 2021.

JBM Auto board to mull stock split

JBM Auto Q2 Review - EVs Division To Drive Growth: Dolat Capital

JBM Auto jumped 6.55% to Rs 942.25, extending its winning run to fourth consecutive trading session.

JBM Auto hits record high; jumps 34% in four days

JBM Auto is cautiously optimistic for FY22 due to higher spend in infrastructure, PLI scheme, scrappage policy and the work done so far within the company.

The share price of this auto company has zoomed 100% in just two months

JBM Auto consolidated net profit rises 23.47% in the September 2021 quarter

JBM Auto advanced 3.69% to Rs 683.60 after the company bagged an order for supply of 200 Air Conditioned Fully Built Low Floor Electric buses of 12 m length for Delhi Transport Corporation under Govt. of India Flagship Fame II Policy.

JBM Auto spurts on order win; hits record high

JBM Auto rose 3.69% to Rs 683.60, extending gains for the third consecutive session.

JBM Auto rises over 14% in three days; hits record high

JBM Auto surged 8.43% to Rs 665.95 after the company bagged an order for supply, operation and maintenance of 200 air conditioned fully built low floor electric buses of 12 meter length from Delhi Transport Corporation (DTC).

JBM Auto Ltd

JBM Auto Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

ET NOW Special | The Electrification Drive | Nagesh Basavanhalli and Nishant Arya

JBM Auto Shares Trade Near 52-week High As Board To Consider Share Split

JBM Auto surges 9% on stock split plan, up 62% in 11 trading sessions

JBM Auto board to mull stock split

JBM Auto Q2 Review - EVs Division To Drive Growth: Dolat Capital

JBM Auto hits record high; jumps 34% in four days

The share price of this auto company has zoomed 100% in just two months

JBM Auto consolidated net profit rises 23.47% in the September 2021 quarter

JBM Auto spurts on order win; hits record high

JBM Auto rises over 14% in three days; hits record high

JBM Auto Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

ET NOW Special | The Electrification Drive | Nagesh Basavanhalli and Nishant Arya

JBM Auto Shares Trade Near 52-week High As Board To Consider Share Split

JBM Auto surges 9% on stock split plan, up 62% in 11 trading sessions

JBM Auto board to mull stock split

JBM Auto Q2 Review - EVs Division To Drive Growth: Dolat Capital

JBM Auto hits record high; jumps 34% in four days

The share price of this auto company has zoomed 100% in just two months

JBM Auto consolidated net profit rises 23.47% in the September 2021 quarter

JBM Auto spurts on order win; hits record high

JBM Auto rises over 14% in three days; hits record high

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock