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JBM Auto shares zoom 14% to hit one-year high; exchanges seek clarification on e-bus delivery report

JBM Auto share price: The stock jumped 13.58 per cent to hit a day high of Rs 1,665 over its issue price of Rs 1,465.90. As the session progressed, exchanges BSE and NSE have sought clarification from the company with reference to a report titled "JBM Auto aims to deliver 2,000 e-buses in FY24."

JBM Auto shares rally 12% as PM -eBus Sewa gets Cabinet approval

The bus procurement will be done under PPP mode. There would be competitive bidding and the scheme will run till 2037.

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