Jamna Auto Industries Ltd share Price Today

Jamna Auto Industries Ltd. is India’s largest manufacturer of parabolic springs and tapered leaf springs for commercial vehicles. It was incorporated in 1954 with its headquarters in New Delhi. The company’s total income for the quarter ended June 2022 was Rs 549.19 crore, down 12.43% from the previous quarter ended March 2022. On 19 August 2022, the company’s market capitalisation stood at Rs 4,633 crore. 

The company is listed on the Bombay Stock Exchange with the code 520051 and on the National Stock Exchange with the code JAMNAAUTO.  

Jamna Auto Industries Ltd. has tied up with US-based company Ridewell Corporation to introduce the latest technology in air suspension systems and ensure world-class ride comfort for buses. Its product portfolio comprises different types of springs, such as multi-leaf springs, parabolic springs, and tapered leaf springs. The company is India’s largest automotive springs manufacturer and the fifth largest in the world.  

During FY 2021-2022, the company’s total revenue was Rs 1,722.39 crore, up 58.08% from the previous financial year, 2020-2021. The annual revenue growth of 58.08% outperformed its three-year CAGR of -7.0%. The profit after tax for FY 2021-2022 was Rs 140.80 crore.  

On 30 June 2022, the company’s shareholding pattern highlighted a promoter stake of 49.98%, a foreign institutional investor stake of 6.63%, a domestic institutional investor stake of 13.82%, and a public stake of 29.56%. The promoter’s pledge was 3.8%. In the June 2022 quarter, the company’s mutual fund holdings increased from 13.39% to 13.57%, and its number of mutual fund schemes remained unchanged at 16.  

The company’s top management comprises Mr Randeep Singh Jauhar, Mr Rakesh Kalra, Mr Pradeep Singh Jauhar, Ms Rashmi Duggal, Ms Shashi Bhushan Bansal, Mr S P S Kohli, and Ms Uma Kant Singhal. The auditors are S R Batliboi & Co. LLP. As on 30 June 2022, the company disclosed a total of 39.86 crore shares outstanding.  

On 19 August 2022, Jamna Auto Industries Ltd.’s share price closed at Rs 116.10 on BSE, and on NSE, it closed at Rs 116.25. The company’s 52-week high share price was Rs 135.50, and the 52-week low share price was Rs 78.60. Jamna Auto Industries Ltd.’s one-year return to the investors was 39.96%. 

Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose