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JBM Auto, Olectra shares extend gains as Centre unveils ₹9,585 crore vehicle replacement scheme
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CNBC TV18 - Markets 37d ago

JBM Auto, Olectra shares extend gains as Centre unveils ₹9,585 crore vehicle replacement scheme

The policy is seen as a major positive for electric bus manufacturers, particularly JBM Auto and Olectra Greentech, which are among the leading players in India's electric public transport market.

JBMAOLECTRATCIAutomobile and Auto ComponentsServices
NEWS
neutral
Business Standard - Markets 37d ago

Stock Alert: IEX, JBM Auto, Skipper, NBCC, Texmaco Rail & Engineering, Karnataka Bank

Securities in F&O Ban:

BANKINDIAHGINFRAIEXJBMAKTKBANKMBELNBCCSKIPPERTEXINFRATEXRAILAutomobile and Auto ComponentsCapital Goods
JBM Auto, Olectra Greentech shares gain 4% after Cabinet announces ₹5,041 crore to replace old trucks, buses in Delhi
positive
CNBC TV18 - Markets 38d ago

JBM Auto, Olectra Greentech shares gain 4% after Cabinet announces ₹5,041 crore to replace old trucks, buses in Delhi

Union Minister Ashwini Vaishnaw said the trucks and buses constitute a large source of pollution. The replacement scheme will phase out older buses with BS6 and electric vehicles.

ASHWINIJBMAOLECTRAVICTORYEVAutomobile and Auto ComponentsServices