JBM Auto up 5% as co’s e-bus market share hits 49% in May

June 4, 2026

JBM Auto shares climbed over 5% after the company emerged as India’s leading electric bus manufacturer in May 2026, capturing a 49% market share. Strong registration growth, expanding electric mobility adoption and sustained leadership in the EV bus segment boosted investor sentiment, while the stock continued to display positive technical momentum.

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UBS downgrades BHEL shares to Neutral from Buy. Check target, key reasons

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