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Sona BLW Precision Forgings is currently trading at Rs. 617.80, up by 6.20 points or 1.01% from its previous closing of Rs. 611.60 on the BSE.

The scrip opened at Rs. 619.00 and has touched a high and low of Rs. 628.50 and Rs. 611.55 respectively. So far 15397 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 839.15 on 14-Dec-2021 and a 52 week low of Rs. 295.15 on 24-Jun-2021.

Last one week high and low of the scrip stood at Rs. 659.40 and Rs. 606.70 respectively. The current market cap of the company is Rs. 35739.01 crore.

The promoters holding in the company stood at 67.18%, while Institutions and Non-Institutions held 25.21% and 7.61% respectively.

Sona BLW Precision Forgings (Sona Comstar) has partnered with C-Motive Technologies (C-Motive), the technology company that has developed the world's first commercially viable electrostatic motor. Sona Comstar and C-Motive will collaborate to develop electrostatic drive motors for electric vehicle (EV) applications, for which it estimate the serial production will likely start in 2026. The proposal, amongst others, involves participation in CMotive's latest financing round.

C-Motive's product is a reinvention of the electric motor. Traditional electric motors use electromagnetic forces to convert electric power to mechanical power. C-Motive's product harnesses the power of static cling to liberate engineers and designers from permanent magnets and active cooling. C-Motive's electrostatic machines deliver high torque and ultrahigh efficiency at low speeds without using rare earth metals or permanent magnets.

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.