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The move comes as the UAE works toward its Net Zero by 2050 strategy, with both companies stating that the collaboration aims to expand clean mobility solutions in the region.
JBM Electric Vehicles currently manufactures e-buses at its integrated facility in India, which has a production capacity of 20,000 units annually. The company said its buses are equipped with lithium-ion battery systems, safety features and smart charging capabilities designed to operate in the UAE’s climatic conditions.
JBM Auto is the leading electric bus and EV ecosystem player globally.
On a consolidated basis, net profit of JBM Auto rose 10.18% to Rs 36.80 crore while net sales rose 9.56% to Rs 1253.88 crore in Q1 June 2025 over Q1 June 2024.
Yatharth Hospital & Trauma Care Services Ltd, JBM Auto Ltd, Karnataka Bank Ltd and IIFL Capital Services Ltd are among the other losers in the BSE's 'A' group today, 16 September 2025.
CSB Bank Ltd lost 3.39% to Rs 361.85 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 22637 shares were traded on the counter so far as against the average daily volumes of 27229 shares in the past one month.
Yatharth Hospital & Trauma Care Services Ltd tumbled 3.17% to Rs 776.5. The stock was the second biggest loser in 'A' group.On the BSE, 53936 shares were traded on the counter so far as against the average daily volumes of 50484 shares in the past one month.
JBM Auto Ltd crashed 3.14% to Rs 713.8. The stock was the third biggest loser in 'A' group.On the BSE, 7.66 lakh shares were traded on the counter so far as against the average daily volumes of 3.53 lakh shares in the past one month.
Karnataka Bank Ltd pared 3.14% to Rs 176.1. The stock was the fourth biggest loser in 'A' group.On the BSE, 91648 shares were traded on the counter so far as against the average daily volumes of 87049 shares in the past one month.
IIFL Capital Services Ltd slipped 3.04% to Rs 285.1. The stock was the fifth biggest loser in 'A' group.On the BSE, 41267 shares were traded on the counter so far as against the average daily volumes of 32529 shares in the past one month.
JBM said the project will help cut over 1.6 billion kg of CO₂ emissions, save 600 million litres of diesel, generate 5,500 jobs, and serve more than one billion passengers. The company has already deployed 2,500+ e-buses across 10 states and 15 airports, with an order book of 11,000 units under execution.
JBM Auto is a global electric bus and EV ecosystem manufacturer. It operates the world’s largest integrated e-bus plant outside China in Delhi-NCR with a capacity of 20,000 units annually. Its portfolio includes city, intercity, coach, staff, school, and special-purpose buses.
Gujarat Pipavav Port Ltd, Hindustan Copper Ltd, Apollo Micro Systems Ltd and MTAR Technologies Ltd are among the other gainers in the BSE's 'A' group today, 12 September 2025.
JBM Auto Ltd surged 10.68% to Rs 692.3 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 11.52 lakh shares were traded on the counter so far as against the average daily volumes of 25074 shares in the past one month.
Gujarat Pipavav Port Ltd spiked 7.38% to Rs 163. The stock was the second biggest gainer in 'A' group. On the BSE, 4.03 lakh shares were traded on the counter so far as against the average daily volumes of 65820 shares in the past one month.
Hindustan Copper Ltd soared 7.02% to Rs 266. The stock was the third biggest gainer in 'A' group. On the BSE, 9.56 lakh shares were traded on the counter so far as against the average daily volumes of 1.75 lakh shares in the past one month.
Apollo Micro Systems Ltd added 6.95% to Rs 318.55. The stock was the fourth biggest gainer in 'A' group. On the BSE, 30.29 lakh shares were traded on the counter so far as against the average daily volumes of 32.14 lakh shares in the past one month.
MTAR Technologies Ltd rose 6.76% to Rs 1637.9. The stock was the fifth biggest gainer in 'A' group. On the BSE, 59787 shares were traded on the counter so far as against the average daily volumes of 9454 shares in the past one month.
Lodha Developers Ltd, BEML Ltd, HFCL Ltd, Lupin Ltd are among the other stocks to see a surge in volumes on BSE today, 12 September 2025.
JBM Auto Ltd clocked volume of 6.7 lakh shares by 10:47 IST on BSE, a 26.12 times surge over two-week average daily volume of 25635 shares. The stock gained 9.34% to Rs.683.95. Volumes stood at 31043 shares in the last session.
Lodha Developers Ltd recorded volume of 1.21 lakh shares by 10:47 IST on BSE, a 6.62 times surge over two-week average daily volume of 18235 shares. The stock lost 0.17% to Rs.1,177.30. Volumes stood at 21648 shares in the last session.
BEML Ltd witnessed volume of 59833 shares by 10:47 IST on BSE, a 3.55 times surge over two-week average daily volume of 16856 shares. The stock increased 3.60% to Rs.4,197.75. Volumes stood at 13180 shares in the last session.
HFCL Ltd registered volume of 22.91 lakh shares by 10:47 IST on BSE, a 3.36 fold spurt over two-week average daily volume of 6.81 lakh shares. The stock rose 3.41% to Rs.72.69. Volumes stood at 4.14 lakh shares in the last session.
Lupin Ltd registered volume of 36557 shares by 10:47 IST on BSE, a 2.67 fold spurt over two-week average daily volume of 13694 shares. The stock rose 2.59% to Rs.2,040.20. Volumes stood at 11582 shares in the last session.
Gujarat Pipavav Port Ltd, Hindustan Copper Ltd, BEML Ltd, GMR Airports Ltd are among the other stocks to see a surge in volumes on NSE today, 12 September 2025.
JBM Auto Ltd recorded volume of 287.64 lakh shares by 14:14 IST on NSE, a 98.6 times surge over two-week average daily volume of 2.92 lakh shares. The stock gained 15.55% to Rs.723.15. Volumes stood at 2.46 lakh shares in the last session.
Gujarat Pipavav Port Ltd saw volume of 98.13 lakh shares by 14:14 IST on NSE, a 13.12 fold spurt over two-week average daily volume of 7.48 lakh shares. The stock increased 6.50% to Rs.161.65. Volumes stood at 6.35 lakh shares in the last session.
Hindustan Copper Ltd witnessed volume of 285.9 lakh shares by 14:14 IST on NSE, a 9.34 times surge over two-week average daily volume of 30.59 lakh shares. The stock increased 9.40% to Rs.271.94. Volumes stood at 53.14 lakh shares in the last session.
BEML Ltd saw volume of 21.31 lakh shares by 14:14 IST on NSE, a 8.11 fold spurt over two-week average daily volume of 2.63 lakh shares. The stock increased 7.72% to Rs.4,364.30. Volumes stood at 2.58 lakh shares in the last session.
GMR Airports Ltd saw volume of 763.64 lakh shares by 14:14 IST on NSE, a 4.54 fold spurt over two-week average daily volume of 168.33 lakh shares. The stock increased 1.07% to Rs.88.18. Volumes stood at 973.96 lakh shares in the last session.
JBM ECOLIFE Mobility , a JBM Auto company, has successfully secured a $100 million in INR equivalent long term capital investment from International Financial Corporation (IFC). The investment will finance deployment of modern, air- conditioned electric buses across cities in Maharashtra, Assam, and Gujarat.
Nishant Arya, Vice Chairman & MD, JBM Auto Ltd. said “We are proud to be partnering with IFC (a member of the World Bank Group) and contributing majorly to their largest ever e-bus deployment project. Over the last decade, we have successfully deployed our zero-emission public mobility solutions across 20+ cities pan-India and globally across Europe, Middle East, and the APAC region. With over 11,000 buses deployed and under execution, we are proud to have clocked 200+ Mn e-kms and served over 1 Bn passengers till date. With trusted partners like IFC, this initiative serves as a strategic beginning to many more upcoming associations towards augmenting e-bus deployment with enhanced agility and scale.”
Adding, “By way of this e-bus project, we aim to reduce CO, emissions by over 1.6 Bn kgs, save diesel to the tune of 600+ Mn litres, generate employment for over 5,500 people and touch the lives of over 1 Bn passengers over the project tenure.”