OLECTRA GREENTECH VS JBM AUTO - WHICH IS BETTER ?

India’s electric bus sector is expanding rapidly due to government-led initiatives and also the rising urban transportation demands. Two major listed players -

and - are competing for leadership in this segment. With both players having strong positions in the market, let us review which company is better: - the company is engaged in manufacturing composite polymer insulators and electric buses. It was amongst the first to introduce homologated e-buses in India and has steadily built a strong presence across state transport undertakings. With a market cap of Rs 12,632 crore, the stock price currently trades at Rs 1,545 per share, giving a 50% return over the past six months. The company has seen a 45% compounded sales growth and 55% compounded profit growth in the last 3 years. - the company is engaged in automotive sheet metal components, tools, dies, moulds, and buses, including after-sales services and spares. It has evolved into one of India’s leading bus OEMs with growing international operations. With a market cap of Rs 14,238 crore, the stock price currently trades at Rs 602 per share, giving a 20% return over the past six months. The company has seen a 20% compounded sales growth and 9% compounded profit growth in the last 3 years.