Archive · 25 Dec 2025
JBM Auto Shares Surge 12% Amid Market Volatility
JBM Auto's share price went up by 12% on December 24, 2024, even though the overall stock market was not doing very well.
The stock started at ₹593.75 and reached a high of ₹645 during the day.
This is the second day in a row that the stock has gone up.
The company said they have shared all the important information, which is why the stock is doing well.
Some experts think the stock could go up more, but others say it might face some resistance and could go down after a while.
The stock has been down 18% for the year, but it has gone up 3% in December.
It's important to watch how the stock behaves around certain price levels.
JBM Auto's share price surged 12% on December 24, 2024, reaching an intraday high of ₹645.
The stock has been rising for two consecutive sessions, with increased trading volume.
The company clarified that it has made all necessary disclosures and has not withheld any material information.
Technical analysts have mixed views: some advise caution due to potential resistance, while others suggest buying on dips.
The stock is currently trading above its short-term and medium-term EMAs, with key support at ₹610 and resistance at ₹700.
- Who
- JBM Auto
- What
- Share price surge of 12% in a lackluster market
- When
- December 24, 2024
- Where
- Bombay Stock Exchange (BSE)
- Why
- Increased trading volume and positive technical indicators
- Current Share Price
- ₹637.20
- Previous Close
- ₹577.90
- Intraday High
- ₹645
- 52-Week High
- ₹834.28 (December 24, 2023)
- 52-Week Low
- ₹489.30 (March 17, 2024)
- Year-to-Date Performance
- -18%
- Monthly Performance (December)
- +3%
- Trade Volume
- Over 1.5 crore shares