JBM Auto Limited Bags Contract Of Rs 7,500 Crore For 1,390 Electric Buses
JBM Auto Limited Bags Contract Of Rs 7,500 Crore For 1,390 Electric Buses. (Photo: The Hindu Business Line)JBM Ecolife Mobility, a subsidiary of JBM Auto, has received a substantial order of Rs 7,500 crore for 1,390 electric buses under the PM-eBus Sewa Scheme.Following a big announcement on March 19, JBM Auto Limited’s shares increased by around 10 percent.The company told the exchanges that its subsidiary – JBM Ecolife Mobility Private Limited, had been declared the L1 (Lowest Bidder) and had won the tender for an…