JBM Auto is well-known in the automotive industry and is engaged in the production of automotive components and systems. It has a lot of products and systems including buses, electric vehicles, sheet metal components, assemblies, tooling, etc.
The company has given bumper returns of up to 170% in the last six months. JBM Auto has shown an upward trend for the last two years and has also maintained its consistent performance.
In 2021, the stock was trading at just Rs.50.00, and now there is a tremendous boom in the market and the share price has reached Rs.1350.50.
The main reason for the rise in share price is its strong demand in the following markets as it focuses on leadership, excellence, agility, and performance. It has a presence in India as well as in America, China, Italy, Turkey, Germany, and other countries.
The company is highly automated and uses more than 3,000 robots for production such as stamping, aluminum stamping, CMT welding, laser welding, and laser cutting.
JBM Auto Limited – Overview
JBM Auto Limited is engaged in the manufacture and sells tools, auto components, and buses in India and internationally. The company was established in 1996 and is based in Gurugram, India.
It operates in three main divisions, namely Sheet Metal Components, Assemblies, and Sub-Assemblies (Components Division); Tools, Dies & Molds (Tool Room Division) and OEM Division.
The company also designs, develops, manufactures, assembles, and sells CNG, diesel, and electric buses as well as its related parts, accessories, and maintenance contracts.
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JBM Auto Fundamentals
In the March 2023 quarter, the company reported a revenue of Rs 1,010 crore and a net profit of Rs 28.07 crore. Where the net profit margin is 2.78 percent and the dividend per share is Rs 1.30.
Why is JBM Auto Share Price Rising?
There are many reasons that help to increase the share price of JBM Auto in the market:
- Market Presence: JBM Auto Ltd has gained success over the years in expanding its market presence through strategic collaborations and acquisitions around the world.
- Quality Products: The company’s commitment is to provide quality products with a reasonable market price to compete in the market.
- Technological Advancements: JBM Auto Ltd. is highly automated and uses over 3,000 robots for production. Also, it has a well-distributed network system.
- Business Segments: The company is the world’s leading manufacturer of flagship auto systems, electric vehicles, and buses, and has built the EV ecosystem for a sustainable tomorrow.
- Financial Performance: The above key features enhance financial performance and contribute to revenue generation and boosted investor confidence.
JBM Auto has established itself as a leading player in this transformative segment. Its share price is expected to increase in the coming years due to the market demand and durable quality products.
JBM Auto Share Price Target 2023-2030
JBM Auto has shown good financial performance, demonstrating steady revenue growth and profitability. It has a strong balance sheet, a focus on cost management and operational efficiency. Which can become a solid foundation for the future growth of the company, and is going to have a positive impact on the share price.
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2023
Based on the company’s current growth and market trends, analysts estimate JBM Auto’s share price to reach Rs 1400 by the end of 2023.
2024
The company’s focus on quality products, expansion into new markets, and rising demand for electric vehicles could propel its share price to Rs 1,520.50 by 2024.
2025
As the pace of change in the automotive industry picks up, JBM Auto expects to reap the benefits of its investments in electric and autonomous vehicle technologies.
Our team estimates a potential share price target for JBM Auto at Rs 1610.30 to Rs 1740.20 by the end of 2025, reflecting the company’s growth prospects and favorable industry dynamics.
2026
JBM Auto’s strategic partnerships and collaborations with leading automotive industries are expected to enhance its market position and drive growth in the future.
Therefore, based on these factors and others our industry experts expect JBM Auto’s share price target of Rs 1810.40 to Rs 1905.50 by 2026.
2028
As electric vehicles go mainstream the share price of JBM Auto is expected to soar to new heights. Our expert team expects a possible share price target for JBM Auto in the range of Rs 2150.50 to Rs 2240.30 by 2028.
2030
By 2030, JBM Auto is expected to see significant growth in its electric vehicle portfolio with significant market share in both domestic and international markets.
With sustainable transportation gaining prominence, industry experts have set a share price target for JBM Auto of Rs 2400.40 to Rs 2500.50 by 2030, indicating the company’s long-term growth potential.
FAQs
The expected share price target for JBM Auto at Rs 1610.30 to Rs 1740.20 by the end of 2025.
JBM Auto has huge growth potential as it deals in EV segments, which have huge market potential. You can expect good returns in the long term.
The highest target price for JBM shares is Rs 2400.40 to Rs 2500.50 by 2030.
The symbol of JBM Auto is “JBMA”.
JBM Auto last split the face value of its shares in 2021 from Rs 5 to Rs 2.
Conclusion
JBM Auto’s continued growth, focus on innovation and growing presence in the electric vehicle market portends future success. Based on the current market trends and industry dynamics, our team anticipates a sequential increase in the share price target in the coming years.
Disclaimer: Investing in the stock market comes with inherent risks, and you should thoroughly research and consult financial advisors before making an investment decision.
