JBM Auto is the Auto component arm of JBM Group Company. With turnover of USD 1.2 billion, JBM Group has broadened its horizons by focusing on quality delivery, solutions approach, product development processes, flexible manufacturing systems and contract manufacturing. JBM Auto’s finished products consists of Components, Assemblies, Sub-Assemblies & Others constituting almost 79 per cent of its total sales, almost 15% Tools, Dies and Moulds among the other products that constitutes 6% of total sales of JBM Auto.
Today, JBM Auto share price went up by approximately 10 per cent at NSE and traded at the intraday high of Rs. 257.50.
JBM Auto has the market cap of RS. 959.71 crores as on 5th January 2017, with the PE ratio of 17.54. The company has the dividend yield of 0.71 and the Debt-Equity Ratio of 1.35. JBM Auto’s Return on Asset stands at 3.62%, %, Interest Coverage Ratio at 3.73, while it’s Return on Equity is seen at 15. JBM Auto is the Multibagger stock picked by Dynamic Levels from among the list of top 500 performing stocks. The stock is traded in the high volume and has the potential of yielding great results.
At 2:49 PM, JBM Auto share price was trading at Rs. 251, up by 6.70 per cent. So far, over three lakh shares have changed hands over the NSE counter as compared to the twenty days average traded volume of 96 thousand shares. The stock has the ADM of 16.14. The stock has the beta of 1.57 and at current market price, it is trading above its 50 DMA. The face value Rs. 5 share has the book value of Rs. 84.24 each.
The closest resistance of JBM Auto share price is seen at Rs. 257.50. For more details on the support and resistance levels of JBM Auto, visit JBM Auto share price forecast page of Dynamic Levels website.
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