JBM Auto share price jumps 11.5%; here is what investors need to know today

What you need to know about JBM Auto

JBM Auto Ltd, established in 1983, has grown into a notable player in the automotive sector, specialising in the production of sheet metal components, tools, moulds, and buses.

The company operates across multiple segments, including auto components and systems, buses, electric vehicles (EVs), EV aggregates, EV charging infrastructure, and renewable energy.

JBM Auto is part of the $2.6 billion JBM Group, a multinational conglomerate with operations in 25 locations across 10 countries, active in the global automotive and EV markets.

By integrating its operations along the value chain, JBM Auto now manufactures its own buses and is actively involved in the development of the EV ecosystem.

Why is the stock in demand?

According to market experts, the sharp spike in the stock price could be attributed to widespread pollution in Indian cities, which is expected to create a significant market opportunity for JBM Auto.

This is because the company specialises in zero-emission electric buses and related infrastructure. The company's business strategy is directly aligned with the global and national need to reduce pollution.

In September 2025, the International Finance Corporation (IFC), a World Bank Group arm, committed to providing $137 million to JBM Group to promote e-mobility in the country.

IFC is providing USD 100 million to JBM ECOLIFE (JBM), part of JBM Auto Ltd, a manufacturer and operator of e-buses in India, and USD 37 million in mezzanine capital to GreenCell Mobility (GreenCell), an original equipment manufacturer (OEM)-agnostic e-bus operator, sponsored by Eversource Capital.

These investments will help to electrify public transport and enhance access to innovative urban mobility solutions, IFC said in a statement.

Business operations

JBM Auto operates across multiple segments, with its auto components and systems business accounting for about 70% of the company’s total revenue.

The company manufactures a range of automotive parts supplied to original equipment manufacturers.

Its bus and electric vehicle segment has seen increased activity in recent years as the company invests in electric bus development and research.

JBM Auto has supplied electric buses to state and municipal transport agencies, including AJL Gujarat, Navi Mumbai Municipal Transport (NMMT), and Bangalore Metropolitan Transport Corporation (BMTC).

The company’s EV aggregates division provides components used in electric vehicles, aimed at improving operational efficiency. JBM Auto has also entered the EV charging infrastructure space, reflecting rising demand for charging solutions alongside the adoption of electric mobility.

In addition, JBM Auto has operations in renewable energy and environmental services, with activities spread across 17 manufacturing facilities located in Haryana, Uttar Pradesh, Maharashtra, Gujarat, Madhya Pradesh, Rajasthan, and Tamil Nadu.