New Delhi, May 11 -- JBM Auto, Ola Electric Mobility, Ather Energy, among other electric vehicle stocks jumped up to 7% on Monday after Prime Minister Narendra Modi urged people to conserve fuel to save forex reserves and increase the use of public transportation amid the ongoing West Asia crisis.

JBM Auto share price jumped as much as 7.26%, Ola Electric shares surged 4.49%, Ather Energy stock price spiked 5.6%, while Olectra Greentech shares rallied 4.9%.

"It is time for us to use petrol, diesel and gas with great care," Modi said on Sunday while inaugurating projects in Hyderabad, Telangana. "We must make, efforts to use only as much as is needed to save foreign currency and reduce the adverse effects of the war," he added.

Along wi...