Jbm Auto Stock

JBM Auto Share Price: On Wednesday, JBM Auto opened on the BSE at Rs 455.95, swinging to an intra day high of Rs 455.95 and an intra day low of Rs 430.20, so far.

It is too early to say that the correction is over in stock markets as Nifty is continuously making lower tops but at the same time it is not making lower bottoms, says Jay Thakkar, senior technical analyst at Sharekhan.

Sensex and Nifty were trading in a choppy mode today owing to weakness in oil & gas, IT and banking shares. Here are top trading bets from analysts:

The Nifty has broken out after a month-long consolidation, on the back of good volumes, said Jay Thakkar, senior technical analyst, at Sharekhan. The Nifty should go up to levels of 8,850, he added.

Shares of components maker JBM Auto today surged over 17 per cent after the company said it will invest Rs 300 crore for developing and manufacturing electric as well as hybrid buses in India through its joint venture with Poland's Solaris Bus & Coach.

The Sanand plant will contribute close to 50 per cent of JBM Auto's overall revenues in the current financial year, he added.

JBM Auto is an auto parts manufacturer based out of Faridabad.

The year 2014 has been an outstanding year for Indian equity markets with the Sensex and Nifty giving returns of around 30 per cent. Benign global liquidity and improving macro fundamentals of India have attracted foreign flows of around Rs 1 lakh crore in to Indian equities in 2014.

Bombay Stock Exchange (BSE) will shift securities of 74 companies to the restricted trading segment from September 9, to ensure safety of the investors.

The stocks to be moved to the trade-for-trade or the 'T' group segment include that of JBM Auto, Panasonic Appliances India Company, Kemrock Industries and Exports, Saregama India, an NSE circular said today.

JBM Auto Share Price: On Wednesday, JBM Auto opened on the BSE at Rs 455.95, swinging to an intra day high of Rs 455.95 and an intra day low of Rs 430.20, so far.

It is too early to say that the correction is over in stock markets as Nifty is continuously making lower tops but at the same time it is not making lower bottoms, says Jay Thakkar, senior technical analyst at Sharekhan.

Sensex and Nifty were trading in a choppy mode today owing to weakness in oil & gas, IT and banking shares. Here are top trading bets from analysts:

The Nifty has broken out after a month-long consolidation, on the back of good volumes, said Jay Thakkar, senior technical analyst, at Sharekhan. The Nifty should go up to levels of 8,850, he added.

Shares of components maker JBM Auto today surged over 17 per cent after the company said it will invest Rs 300 crore for developing and manufacturing electric as well as hybrid buses in India through its joint venture with Poland's Solaris Bus & Coach.

The Sanand plant will contribute close to 50 per cent of JBM Auto's overall revenues in the current financial year, he added.

JBM Auto is an auto parts manufacturer based out of Faridabad.

The year 2014 has been an outstanding year for Indian equity markets with the Sensex and Nifty giving returns of around 30 per cent. Benign global liquidity and improving macro fundamentals of India have attracted foreign flows of around Rs 1 lakh crore in to Indian equities in 2014.

Bombay Stock Exchange (BSE) will shift securities of 74 companies to the restricted trading segment from September 9, to ensure safety of the investors.

The stocks to be moved to the trade-for-trade or the 'T' group segment include that of JBM Auto, Panasonic Appliances India Company, Kemrock Industries and Exports, Saregama India, an NSE circular said today.