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  5. JBM Auto rallies 10%; stock jumps 16% in 6 months; what is driving the surge?

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JBM Auto rallies 10%; stock jumps 16% in 6 months; what is driving the surge?

image Ahana Chatterjee
By Ahana Chatterjee

3 min read | Updated on August 21, 2026, 12:05 IST

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SUMMARY

The stock also witnessed heavy volume on Friday, with the counter witnessing nearly 6 times higher trading volume than the daily average.

Stock list

JBMA
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JBM-Auto-share-price-August-21

From the beginning of the year, JBM Auto shares have climbed 5%. | Image: Shutterstock

JBM Auto shares soared 10% to touch an intraday high of ₹685 apiece on Friday, August 21, after a report suggested that Bain Capital to pick a minority stake in the firm.
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According to a news report by The Economic Times, Bain Capital will buy a significant minority stake in the electric vehicle manufacturing unit of JBM Auto. People familiar with the matter told ET that this will provide growth capital support to the company and accelerate its efforts to transform from a traditional auto parts maker to a fully fledged clean energy mobility platform.

The US-based PE firm is looking to invest up to ₹2,850 crore in the JBM unit, though negotiations are underway to finalise the size of the stake and deal structure, the report said.

The stock exchanges have sought clarification from JBM Auto with reference to the development. The reply is, however, awaited.

Also read: Welspun Corp shares zoom 12%, hit record high after bagging largest-ever ₹17,200 crore US order

The stock also witnessed heavy volume on Friday, with the counter witnessing nearly 6 times higher trading volume than the daily average.

JBM Auto Q1 FY27 earnings

JBM Auto had posted a 14% jump in consolidated net profit at ₹42 crore for the first quarter of the current financial year (Q1 FY27) as compared to ₹37 crore in the same period last year.

The auto components and equipment firm’s revenue from operations also advanced 15% year-on-year (YoY) to ₹1,442 crore in the April-June up period from ₹1,254 crore in the year-ago period.

The company reported strong operational performance as its earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased 17% annually to ₹163 crore as against ₹140 crore in Q1 FY26.

Its operating profit margin in the reporting quarter expanded marginally to 11.30% in contrast to 11.16% on a yearly basis.

JBM Auto share price trends

At 11:40 AM, JBM Auto shares were trading at ₹659 apiece on the National Stock Exchange, rising 5.72%.

Over a month’s time, the stock has slipped 1%, while it has jumped 16% in the past six months. From the beginning of the year, JBM Auto shares have climbed 5%.

Shares of the company had touched their one-year high of ₹790 apiece on September 23, 2025, while their 52-week low of ₹477 was hit on March 16, 2026.

Also read: Data Patterns shares jump over 6% to its 52-week high after ₹586 crore radar electronics supply order from BEL

According to NSE data, as of August 21, 2026, JBM Auto has a total market capitalisation of ₹15,581.42 crore.

JBM Auto has a dedicated integrated electric bus manufacturing facility with a capacity to produce up to 20,000 buses annually, offering a complete portfolio of e-buses, including city, intercity, luxury coach, school, staff, tarmac, and special-purpose vehicles.

Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Please consult a financial advisor before making any investment decisions.

About The Author

image Ahana Chatterjee
Ahana Chatterjee is a business journalist with 7 years of experience across several leading news platforms. At Upstox, she covers stock markets and corporate news.

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