At the Auto Expo 2023 Jay Bharat Maruti Auto aka… JBM Auto launched its 1st self designed & manufactured electric luxury coach “Galaxy”.
· 12 metre high coach
· 45 passengers Seatng capacity
· Powered by Lithium Ion battery
· Range of 1,000kms per day.
· Price: Below 2Crs. (US$ 246,000)
It also showcased its new series of eBuses like City Bus, Staff Bus & School Bus.
JBM Auto VC Nishant Arya said the company will grow exponentially over the next few years.
As of now there are about 1,000 JBM electric buses on the roads in 12 different states of India.
The stock was last traded at a price of Rs 534 on 13 Jan 2023.
Will it be a multibagger? … they expect the BUS market to…