India's JBM Auto soars after order win

Jbm Auto

23/09/2021 07:03

** Shares of automotive co  JBMA.NS  surge as much as 17.2%
at 539.40 rupees - their biggest pct gain in nearly a year
    ** Co says https://bit.ly/3lUTvyF got orders for supply of
500 CNG and electric buses in cities including Delhi and
Bengaluru 
    ** Stock rises to highest since Feb. 1, 2018 in its third
straight session of gains 
    ** More than 615,000 shares trade by 0553 GMT, 8 times their
30-day avg of over 77,000 shares 
    ** As of last close, JBMA has risen nearly 65.6% this year
vs an 11.87% gain in the Nifty auto index  .NIFTYAUTO 

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))