India's JBM Auto gains after EV unit signs deal to supply electric buses
13/07/2026 10:50
BUZZ-India's JBM Auto gains after EV unit signs deal to supply electric buses ** Shares of India's JBM Auto JBMA.NS rise as much as 3.3% 707.50 rupees; last up 1.6%
** Co says unit JBM Electric Vehicles signs pact with electric mobility and financial services company Drivn to supply 500 electric luxury buses over the next year
** Adds initial rollout to focus on intercity coaches; deal includes financing, maintenance and charging infrastructure support
** Stock up 10.6% YTD
(Reporting by Payel Das in Bengaluru)
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