Page 2 - Sona Blw Precision Forgings Ltd.

Sona BLW Precision shares rise over 2% on inaugurating new plant in Manesar

The uptick in Sona BLW share price came after the company announced that it has inaugurated its new plant in Manesar, Haryana

Sona BLW share price surges 3% on raising funds worth Rs 2400 crore via QIP

The Sona BLW share price rose after the company announced that it has successfully raised Rs 2,400 crore via qualified institutional placement (QIP).

Sona BLW shares gain 4%; here is what's driving the stock

Sona BLW has received approval for Hub Wheel Motor, a component for electric two-wheelers, under the PLI Auto scheme. It also launched a QIP

Sona BLW: Why Nomura thinks auto component firm may surpass industry growth

The electric vehicle (EV) revenue accounted for 33% of total revenue. The company's order book expanded to Rs 23,300 crore in Q1FY25, from Rs 22,600 crore in Q4FY24.

Sona BLW share price rises 4% post Q1FY25 earnings; check details

Shares of Sona BLW Precision Forgings rose by 4.29 per cent at 716.60 per share on the BSE in Thursday's intraday trade

Sona BLW share price rises 4% on securing certification under PLI scheme

The jump in the stock price came after Sona BLW announced that it has secured certification for its traction motor for electric 3-wheelers under production-linked incentive (PLI) scheme

Why is Nomura betting big on RIL, BEL, Exide, Sona BLW and Uno Minda?

As corporate capex picks up, it expects the Indian corporate sector to sustain 12 - 17 per cent earnings growth in the medium-term

Large order book, EV demand drive auto parts maker Sona BLW growth

Company gains market share in its top three markets of North America, India, EU

Large order book, EV growh to drive auto parts maker Sona's growth

Company gains market share in its top three markets of North America, India, EU

Sona BLW shifts gear with order boost from electric vehicle space

Firm's efforts to broaden portfolio, scale-up, and diversify customer base will lead to strong earnings growth: Analysts

Sona BLW Q3 profit rises 24% to Rs 133 crore, income up 13% at Rs 777 cr

Mobility tech firm Sona BLW Precision Forgings (Sona Comstar) on Tuesday reported a 24 per cent year-on-year growth in consolidated profit after tax at Rs 133 crore in the three months ended December 2023. The company had recorded a consolidated profit after tax of Rs 107.10 crore in the December quarter of FY23, it said. Total income in the third quarter of the current fiscal was Rs 777 crore as against Rs 685 crore reported in the year-ago period, a growth of 13 per cent, according to the company. EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisation) for Q3FY24 stood at Rs 227.3 crore, a growth of 22 per cent compared to Rs 186.2 crore in the same quarter last fiscal, it said. The company also said that with five new BEV (Battery Electric Vehicle) programme wins, the net order book has increased to the highest ever level of Rs 24,000 crore. "We delivered our highest quarterly EBITDA, net profit, BEV revenue, BEV revenue share and order book in Q3 FY24. "Our BE

Sona BLW Precision Forgings Q2 results: Net profit rises 34% to Rs 124 cr

Revenue during the second quarter of the current fiscal increased 20 per cent to Rs 791 crore compared to Rs 657 crore in the July-September period of the previous fiscal, the company said

Aureus Investment, promoter of Sona BLW Precision sells 3.2% stake

Aureus Investment Pvt Ltd, a promoter of Sona BLW Precision, on Wednesday sold a 3.2 per cent stake in the firm for Rs 957 crore through an open market transaction. According to the bulk deal data available with the NSE, Aureus Investment sold 1.90 crore shares, amounting to a 3.2 per cent stake in Sona BLW Precision. The shares were offloaded at an average price of Rs 503.73 apiece, taking the transaction value to Rs 957 crore. Post the latest transaction, the shareholding of Aureus Investment has been reduced to 29.8 per cent from 33 per cent (as of March 2023) equity in the firm. BNP Paribas Arbitrage also offloaded more than 99.91 lakh shares of Sona at an average price of Rs 541.61 per piece, taking the deal value to Rs 541 crore, as per the data on NSE. The Singapore government, Societe Generale and BNP Paribas Arbitrage have acquired more than 1.21 crore shares of Sona BLW Precision. Shares of Sona BLW Precision jumped 5.98 per cent to close at Rs 565 apiece on the NSE. Du

Block deal impact: Sona BLW slips 6%; HDFC Life gains 1%

Around 23.7 million equity shares representing 4 per cent of total equity of Sona Comstar changed hands on the NSE this morning, the exchange data shows.

No holding back: FPIs sweeten the pot for Equitas SFB and Sona BLW

Highest increase in holding by FPIs in the March quarter

Sona Comstar up 8% as institutional investors buy Blackstone's 20.5% stake

Marquee investors like the Government of Singapore, Fidelity, FMR, ICICI Prudential Life Insurance and HDFC MF bought shares from Blackstone in the bulk deal.

Blackstone sells entire 20.5% stake in Sona BLW; stock tanks nearly 7%

HDFC Bank, Singapore's GIC and Societe Generale among buyers of about 120 mn shares; analysts say Blackstone exit removes a key overhang for the Sona stock

Sona Comstar slumps 6% after 20% equity changes hands via block deal

At 09:15 am; nearly 118.76 million equity shares representing 20.3 per cent of total equity of Sona Comstar had changed hands on the BSE, the exchange data shows

Stocks to watch: Sona BLW, M&M, Tech M, DLF, BoB, Vedanta, Godrej Prop

Stocks to watch today: From Sona BLW to Bank of Baroda, here are few stocks to watch out in Monday's trade

Novelic buy adds to Sona BLW's growth opportunities; stock up 6% in one day

Brokerages are neutral on the stock given near term challenges and valuations