JBM Auto Share Price Surges 8.5% as IFC Invests $100M in EV Bus Expansion

The JBM Auto share price witnessed a sharp rally of 8.5% after the International Finance Corporation (IFC), a part of the World Bank Group, confirmed a $100 million investment in the company’s electric bus division. This strategic funding marks a major milestone for India’s growing electric mobility sector and strengthens JBM Auto’s position in the sustainable transportation market.