JBM auto surges 11% on IFC’s $100 mn E-bus investment boost
JBM Auto Ltd jumped nearly 11% on September 12, 2025, after its subsidiary JBM ECOLIFE Mobility secured a $100 million (₹882 crore) capital infusion from IFC, marking its first Asian e-bus investment. The stock hit peak intraday volumes since April, with IFC’s backing set to accelerate JBM’s e-bus deployment across Maharashtra, Assam, and Gujarat.