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JMT Auto Ltd to sell assets

JBM Auto Ltd forms subsidiary JBM Ecolife Mobility Private Limited Posted On: 2021-01-05 22:31:13 (Time Zone: Arizona, USA) JBM Auto Ltd has incorporated a wholly owned subsidiary company "JBM Ecolife Mobility Private Limited" as approved by Ministry of Corporate Affairs ("MCA") vide certificate of incorporation dated o6 January, 2021. The incorporation of JBM Ecolife Mobility Private Limited will leverage the growth opportunities in the evolving Emobility / Electric Vehicles Segment including e-buses etc. and will help the Company in becoming more agile and customer-focused. Shares of J...

Mumbai | Updated on Our Bureau Bajaj Auto Ltd (BAL) on Friday said it has crossed a market capitalisation of ₹1 lakh crore. The share price of BAL closed at ₹3,479 on the NSE on Friday, making its m-cap ₹1,00,670.76 crore. “This market cap is considerably higher than all other domestic two-wheeler companies,” it claimed. A market capitalisation of over ₹1 lakh crore has not been achieved before by any international two-wheeler company in the world, it further said. Recently, BAL announced an investment of ₹650 crore in a fourth plant to be built in Chakan, Maharashtra, for its...

Bajaj Auto Ltd is quoting at Rs 3435.95, up 0.62% on the day as on 12:44 IST on the NSE. The stock is up 5.66% in last one year as compared to a 13.4% gain in NIFTY and a 8.62% gain in the Nifty Auto. Bajaj Auto Ltd rose for a fifth straight session today. The stock is quoting at Rs 3435.95, up 0.62% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.18% on the day, quoting at 13898.2. The Sensex is at 47482.1, up 0.27%. Bajaj Auto Ltd has added around 5.93% in last one month. Meanwhile, Nifty Auto index of which Bajaj Auto Ltd is a constituent, has added around 0.62% ...

Nomura Expects These Auto Firms To Benefit From PLI Scheme Dec 29 2020, 1:46 PM December 29 2020, 1:04 PM December 29 2020, 1:46 PM Nomura expects select auto and auto components makers to benefit from the government's Rs 1.46-lakh-crore ($20 billion) incentive programme to set up manufacturing in India.Bajaj Auto Ltd., TVS Motor Company Ltd. and Ashok Leyland Ltd. among original equipment makers and Balkrishna Industries Ltd., Bharat Forge Ltd., Sundaram Clayton Ltd., Wabco India Ltd. and Ramkrishna Forgings Ltd. in auto parts are potential beneficiaries of the ... Nomura expects select auto...