Sona BLW Precision Forgings climbs on achieving production milestone of 5 million differential assemblies
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Sona BLW Precision Forgings is currently trading at Rs. 537.25, up by 13.45 points or 2.57% from its previous closing of Rs. 523.80 on the BSE.
The scrip opened at Rs. 528.00 and has touched a high and low of Rs. 540.05 and Rs. 524.00 respectively. So far 85068 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 607.65 on 04-Aug-2022 and a 52 week low of Rs. 397.35 on 26-Dec-2022.
Last one week high and low of the scrip stood at Rs. 540.05 and Rs. 508.70 respectively. The current market cap of the company is Rs. 31378.28 crore.
The promoters holding in the company stood at 33.00%, while Institutions and Non-Institutions held 55.97% and 11.02% respectively.
Sona BLW Precision Forgings (Sona Comstar) has achieved the cumulative production milestone of 5 million differential assemblies. Sona Comstar is the leading global supplier of driveline solutions for Battery Electric Vehicles (BEV), Passenger Vehicles, Commercial Vehicles and off-highway vehicles and one of the world's largest manufacturers of differential assemblies for Battery Electric Vehicles (BEV).
The company reached the 5 million differential assemblies production milestone in less than three years, reflecting the company's strong growth. This outstanding achievement is the result of its customers' trust, its suppliers' support and the efforts of its people.
Sona BLW Precision Forgings is one of the leading automotive technology companies in India. It is primarily engaged in designing, manufacturing, and supplying high-quality mission-critical automotive components such as differential assemblies, gears, conventional and micro-hybrid starter motors, etc.
