JBM Auto Ltd.

JBM Auto''s Q1 profit after tax grew 16% to Rs 42.43 Cr. Net sales rose 15%. EV business revenue surged, securing a Rs 750 Cr investment. Debt reduced by Rs 500 Cr.

JBM Electric Vehicles signs pact to supply 500 advanced e-buses to Drivn, an e-commercial vehicle leasing platform, boosting India''s e-mobility transition.

India''s automotive sector saw $717M in deals in Q2 2026, its lowest volume in 3 years, per Grant Thornton Bharat. Investment focused on EVs, mobility tech, and M&A.

Motilal Oswal Alternates invests ₹750 crore in JBM Ecolife Mobility to deploy 2,000 electric buses, boosting India''s sustainable public transit infrastructure.

EV stocks surge after PM Modi advocates for increased EV use to conserve foreign exchange amid West Asia crisis. Ather Energy leads gains.

Lenovo India reports 18% Q1 revenue growth for FY2026-27, fueled by robust demand for AI-integrated solutions. Global revenue surged, driven by Hybrid AI.

Jio Financial Services (JFSL) shares surged after announcing a joint venture with Bank of America (BofA). BofA will acquire a 49.9% stake in JFSL''s lending arm, Jio Credit, for $1.9 billion.

Muthoot Fincorp files draft papers for a Rs 3,000 crore IPO to strengthen its capital base. The NBFC, known for gold loans, aims to fund growth and onward lending.

Sensex and Nifty fall in early trade as crude oil prices remain high amid US-Iran standoff in Strait of Hormuz. Geopolitical uncertainty impacts investor sentiment.

Gaja Capital''s Rs 550 cr IPO opens Aug 19, closes Aug 21. Price band fixed at Rs 152-160. Funds for debt, new funds & corporate purposes.

Lenovo India reports 18% Q1 revenue growth for FY2026-27, fueled by robust demand for AI-integrated solutions. Global revenue surged, driven by Hybrid AI.

India''s Parliament approves the Mines and Minerals (Development and Regulation) Amendment Bill 2026, restricting states'' power to tax mineral rights.

Juniper Green Energy commissioned 167 MW wind capacity across Gujarat, Rajasthan, and Maharashtra, boosting its total operational capacity to 2,575 MWp.

Jio Financial Services (JFSL) shares surged after announcing a joint venture with Bank of America (BofA). BofA will acquire a 49.9% stake in JFSL''s lending arm, Jio Credit, for $1.9 billion.

Black Box, Essar group''s IT arm, reported an 18% rise in Q1 net profit to Rs 56 crore, with revenue soaring 83%. Strong order book and 2S acquisition fueled growth.