India's JBM Auto soars on block deals at premium, heavy volumes

Jbm Auto

24/12/2025 06:44

** Shares of JBM Auto  JBMA.NS surge 10.2% to 636.70 rupees, top gainer among small-cap stocks .NIFSMCP100

** Nearly 212,000 shares of electric bus maker change hands over two block deals, both at a premium to Tuesday's closing price of 577.95 rupees

** Overall, 14.8 million JBMA shares traded, 48x the 30-day average volume

** Including day's gains, stock's YTD losses narrow to 17%, but trails e-bus rival Olectra Greentech's OLEC.NS ~14% decline

 (Reporting by Nandan Mandayam in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))