Sona BLW Precision Forgings Ltd. News and Updates

Name: Latest research reports of Sona BLW Precision Forgings Ltd. authored by IDBI Capital and published by - Trendlyne research reports.
Item: Sona BLW Precision Forgings Ltd.
Rating: 5
Author: IDBI Capital

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Sona BLW Precision Forgings Ltd.

06 Nov 2022

542.85

1.70%

Sona Comstar expects to ride global EV boom

livemint

Homegrown electric automotive systems and parts maker aims to double share of its global EV biz

Sona BLW Precision Forgings Ltd. is trading below its 150 day SMA of 565.6

Sona BLW Precision Forgings Ltd.

06 Nov 2022

542.85

1.70%

Sona Comstar to invest up to Rs 1,000 cr by FY25 on scaling up capacity

Business Standard

Auto components maker Sona BLW Precision Forgings Ltd (Sona Comstar) plans to invest up to Rs 1,000 crore by FY25 to scale up capacity, majorly for EV business, according to Group CFO Rohit Nanda. The company, a major supplier of systems and components for the electrified and non-electrified powertrain segment to automobile manufacturers, expects revenue from the electric vehicle (EV) segment to account for up to 45 per cent of its total revenue, up from 25 per cent currently. "Over a timeframe of FY23 plus two years -- FY24 and FY25, I will say our expected capex spend will be anywhere between Rs 900 crore to Rs 1,000 crore. A large part of this (around 75 to 80 per cent) is for the EV business," Nanda told PTI. Under the expansion plan, Sona Comstar would set up another plant at Manesar in Haryana for additional differential assembly capacity, he said adding the capacity of the existing facility has been fully utilised. The company had also moved to a new larger facility from a .

Sona BLW Precision Forgings Ltd. is trading above its 100 day SMA of 513.5

Sona BLW Precision Forgings Ltd.

01 Nov 2022

542.85

1.70%

Neutral SONA BLW Precision Forging; target of Rs 520: Motilal Oswal

Moneycontrol

Motilal Oswal recommended Neutral rating on SONA BLW Precision Forging with a target price of Rs 520 in its research report dated October 29, 2022.

Number of FII/FPI investors decreased from 683 to 653 in Mar 2025 qtr

Sona BLW Precision Forgings Ltd.

31 Oct 2022

542.85

1.70%

Sona BLW Precision Forgings: Q2FY23 Result Review

Buy: Sona BLW Precision Forging...

Target

IDBI Capital

Motilal Oswal decreased Neutral price target of Sona BLW Precision Forgings Ltd. to 490.0 on 01 May, 2025.

Sona BLW Precision Forgings Ltd.

31 Oct 2022

542.85

1.70%

In-line result; huge scope for margin expansion

Buy: Sona BLW Precision Forging...

ICICI Securities Limited

Sona BLW’s (SONA) Q2FY23 EBITDA margin came in at 25.2% (up 102bps QoQ) as the company clocked its all-time high quarterly revenue of ~Rs6.6bn despite the impact of geopolitical situation in EU and covid-led slowdown in China.