News for Jay Bharat Maruti Limited (JAYBARMARU.NS)

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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 ...

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.

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.

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

To utilise funds for business expansion

Based on the open interest future percentage, here are 133 stocks including NTPC, Oracle Financial Services Software, Escorts, Indus Towers, and United Breweries, in which short-covering was seen.