JBM Auto sets record date for 1:2 stock split, stock falls 2%
2 days, 4 hours ago

JBM Auto sets record date for 1:2 stock split, stock falls 2%

Live Mint  

Shares of JBM Auto Ltd were trading lower despite the company setting Friday, January 31, 2025, as the record date for its stock split. JBM Auto's market capitalization fell to ₹17,383 crore, with a total of 7,801 shares traded, resulting in a turnover of ₹1.15 crore on the BSE. On October 28 of the previous year, the board of JBM Auto approved a stock split, dividing each share with a face value of ₹2 into two shares with a face value of ₹1 each. In the September 2024 quarter, JBM Auto reported consolidated revenue of ₹1,286 crore, a slight increase compared to ₹1,231 crore in Q3 of the prior fiscal year.

History of this topic

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