News for Jay Bharat Maruti Limited (JAYBARMARU.BO)

Buzzing Stocks Today, Stocks that will see action today: 7 March 2025 - TCS, Aarti Drugs, BEL, K&R Rail, Ambuja Cements, BEL, Coromandel Intl, Jay Bharat Maruti, Kalpaturu Projects, Laurus Labs, Biocon, Brigade group, RVNl, RITES, Firttsource, and Avanti Feeds

Support for the Nifty is seen at 22,000 and 21,700-800 levels. On the higher side, the immediate resistance for the Nifty is at 22,150-175 levels, followed by 22,300-350. Overall, the coming week should set up the market for a large trending move.

The Indian rupee touched record low 83.57 during the week and ended marginally lower at 83.47 on April 19 against its April 12 closing 83.42.

Jay Bharat Maruti Limited announced that at its board meeting held on November 04, 2023, designate Mr. Deepak Gupta, as Head Business , as a part of the Senior Management of the Company. Mr. Deepak ...

Auto stock hits upper circuit: Jay Bharat Maruti shares opened higher at Rs 100.25 today against the previous close of Rs 100.05 on BSE.

About 2,113 shares advanced, 1,427 shares declined, and 126 shares were unchanged

The company's board will consider a fund raise plan at its Annual General Meeting, scheduled on September 16.

JBM's consolidated profit after tax (PAT) dropped to Rs 5.16 crore from Rs 7.90 crore in Q1 FY23.

After a sharp outperformance in the mid-and small-cap segments in the first half of calendar year 2023 (H1-CY23), analysts are now turning cautious on these two market segments and suggest investors stay selective and look for valuation comfort and earnings visibility before investing. The S&P BSE Midcap index has surged 13.7 per cent in H1-CY23, and the S&P BSE Small-cap index gained 12.7 per cent during this period, data shows. The S&P BSE Sensex, in comparison, has moved up 6.4 per cent.

According to the data from Ace Equity, at least 15 companies have turned multibaggers, delivering a return of up to 210 per cent since their close on March 31, 2023.

The markets is likely to sustain the momentum, as stock-specific action will pick up with the onset of the Q1FY24 earnings season

The market extended the winning streak in the second consecutive week and posted fresh record highs on the back of strong FIIs inflow, decent pre-quarterly updates, healthy progress in monsoon and expectation of good Q1FY24 results

Nifty can face a hurdle around 19,200 on the back of more call writing compared to put writing. However, option activity at 19,200 Strike will provide cues about Nifty Intra-day direction on Monday, says Ashwin Ramani, Derivatives & Technical Analyst, SAMCO Securities.

In this week, Indian rupee ended flat at 82.04 on June 30 against its June 23 closing of 82.03.

Shares of Jay Bharat Maruti hit a fresh 52-week high of Rs 269.25, as they rallied 4% on the BSE in Tuesday's intra-day trade in an otherwise a weak market.

For Nifty, on the upside the target would be all time high of 18888 and beyond that 19,000.

Based on the OI percentage, 60 stocks were on the short-covering list. These included Oracle Financial, GNFC, Syngene International, Aarti Industries, and Pidilite Industries.

The company will invest nearly Rs 300-350 crore in a phased manner in line with its customer's growth strategy

FY 2026-27, the company expects the size of the new bus market to grow to 80,000 to 90,000 units per annum and 50 percent of them to be pure electric vehicles