JBM Auto: Stock jumps 6% after partnering with Al Habtoor Motors, UAEJBM Auto: Stock jumps 6% after partnering with Al Habtoor Motors, UAE

Introduction

Leading electric vehicle manufacturer has partnered with a major UAE automobile distributor to introduce next-generation electric buses, providing deployment, service infrastructure, and supporting the country’s sustainable transport goals and Net Zero 2050 initiative.

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Share price movement of JBM Auto

On September 23, 2025, JBM Auto Ltd opened at ₹750.00, up 1.08% from its previous close of ₹741.85. The stock reached a high of ₹790.00 (6.41%) and a low of ₹743.05. By 12:21 PM, it traded at ₹750.85, a 1.21% increase, with a market cap of ₹17,757.17 crore.

JBM Electric Vehicles Partners with Al Habtoor Motors

JBM Electric Vehicles (P) Ltd and Al Habtoor Motors have signed a partnership to introduce JBM’s electric buses in the UAE. This will support the country’s Net Zero 2050 strategic initiative.

Al Habtoor Motors will act as the exclusive importer and distributor of JBM electric buses. The company will provide deployment, service infrastructure, and after-sales support for urban, school, staff, and intercity buses.

JBM Electric Vehicles manufactures zero-emission e-buses with lithium-ion batteries, safety features, and smart charging. Its Indian facility can produce 20,000 buses annually with a target of 3 billion km globally within three years.

Stock performance of JBM Auto for Period of 1 week, 6 months, and 1 year

JBM Auto Ltd delivered a 3.31% return over the past week, gained 22.5% in the past six months, and declined by 20.7% over the past year.

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Shareholding pattern of JBM Auto

Particulars	Jun 2025	Mar 2025	Dec 2024
Promoter	67.50%	67.50%	67.50%
FII	2.30%	2.80%	3.30%
DII	0.10%	0.10%	0.10%
Public	30.10%	29.60%	29.10%

About JBM Auto

JBM Auto Ltd (NSE: JBMA), incorporated in 1983, operates in the automotive sector, manufacturing sheet metal components, tools, dies, moulds, and buses, along with spare parts, accessories, and bus maintenance services.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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