Jamna Auto hits record high; rallies 17% in one week on healthy outlook

The volumes of M&HCV's/ truck's, the key end-user segment for the Jamna Auto Group, grew by nearly 49% in FY2022

Shares of Jamna Auto hit record high of Rs 129.70 as they rallied 6 per cent on the BSE in Friday's intra-day trade amid heavy volumes, in an otherwise a weak market, on healthy outlook.

At 09:33 AM, the stock was 5 per cent higher at Rs 128.70 on the BSE as compared to 0.54 per cent decline in the S&P BSE Sensex. A combined around 2.1 million equity shares have already changed hands on the NSE and BSE in the first 20 minutes of trade. On an average, a combined sub 2 million shares traded on the counter