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.

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.

Indian Rupee depreciates 7 paise to 95.40 against the US dollar due to elevated crude oil prices and lingering US-Iran geopolitical risks. RBI intervenes.

Union Textiles Minister Giriraj Singh stresses tech advancement for India''s handloom traditions. IIHTs crucial for sector growth, new MoUs signed.

Parliamentary panel urges calibrated MDR on high-value digital transactions for payments ecosystem sustainability. Addresses zero-MDR losses & budgetary strain.

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.

Indian Rupee depreciates 7 paise to 95.40 against the US dollar due to elevated crude oil prices and lingering US-Iran geopolitical risks. RBI intervenes.