Bengaluru, June 16 -- JBM Group company with its focus on automotive components and electric vehicles, is in focus as its stock jumped by 3.44 percent following its announcement of entering the EU market with its all-electric city bus called ECOLIFE and forming a partnership with KazenMaier, a prominent German leasing firm

With a market capitalisation of Rs. 17,019 Crore, the stock of JBM Auto opened at Rs. 690.70, down 1.44 percent from yesterday's close, and after opening, it made a high of Rs. 725, up 3.44 percent. Additionally, the Yearly return for the stock is -30 percent, and the past 5-year return is an impressive 1,787 percent.

Update from the Company

The Company has launched its all-electric city bus, ECOLIFE, at the UITP Sum...