Shares of JBM Auto jumped 5.49% to Rs 706 during Thursday's trading session after the company reinforced its dominance in India's rapidly growing electric bus market. According to the latest Vahan portal data, JBM Auto emerged as the country's leading electric bus manufacturer in May 2026, commanding a robust 49% market share.
The company registered 157 electric buses during the month, the highest among all industry players—marking a sharp rise in market share from 33% in April 2026. This performance underscores JBM Auto's strong execution capabilities and the increasing adoption of its electric mobility solutions across the country.
