India's JBM Auto rises on $100 mln IFC investment

Jbm Auto

12/09/2025 05:46

** Shares of JBM Auto  JBMA.NS jump 7.4% to 672 rupees

** Stock logs biggest intraday pct gain since May 12

** International Financial Corporation (IFC) invests $100 million in its unit JBM Ecolife Mobility

** Investment will finance deployment of modern, air conditioned electric buses across cities in Maharashtra, Assam, and Gujart

** Stock sees busiest session since April 16, with trading volume at nearly 18.2x 30-day avg

** Stock down 12% YTD

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))