JBM Auto shares jump after registering 157 electric buses in May

Indian vehicle manufacturer JBM Auto saw its stock price rise sharply. The surge followed the registration of 157 electric buses in May 2026. The buses are part of JBM’s push into the electric public‑transport market. The registrations reflect growing demand for zero‑emission buses in India. Analysts view the development as a positive sign for the company’s EV strategy. JBM Auto plans to expand its electric fleet offerings in the coming months. The company expects the new buses to contribute to revenue growth. Market watchers will monitor how the sales translate into longer‑term profitability.