7 Reasons To Buy This Undervalued Stock

JBM Auto

JBM seeks to achieve goals by executing strategies across segments of passenger cars, farm equipments and commercial vehicles by implementing advanced technology with quality standards.

A diversified portfolio, will ensure robust prospects ahead.

Good prospects

JBM's newly established manufacturing plant in Sanand & Indore for manufacturing auto components will cater to Ford and other customers in the region. The initial investment for this plant is 200 Crores. JBM has set up a plant in Indore with an initial investment of 100 Crores. This would further boost revenues in the coming months.

JBM Auto

The Government's committed efforts towards its flagship initiative ‘Make in India' is encouraging local manufacturers and has put India on a Global Manufacturing arena. This is bound to augment sales of auto components. With the monsoon progressing well, the rural demand for automobiles would pick up in the coming months, thus increasing the demand for auto components.

Good prospects for buses

Their bus manufacturing division is equipped with modern European technology which will set a bench mark for the industry.

JBM Auto

From tooling prospective, JBMA is targeting on the development of tooling's for advance technology, high value items like, Dies for high strength steels, Skin panels, Transfer dies, Robotic cells and Chassis and suspension systems. With OEMs introducing more and more new India specific models, business outlook for tooling is progressive in terms of technology and scale of business.

Major alliances

The company has a large customer base which will help in accelerating growth. The company also has alliances with international companies, which will help in adding new customers. Emerging as Global platform supplier.

Vertical integration

Vertical integration by venturing into bus manufacturing will improve the scope for scaling up.

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