Sona BLW Precision Forgings gains on inaugurating new plant in Haryana
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Sona BLW Precision Forgings is currently trading at Rs. 634.95, up by 0.80 points or 0.13% from its previous closing of Rs. 634.15 on the BSE.
The scrip opened at Rs. 636.55 and has touched a high and low of Rs. 649.20 and Rs. 633.45 respectively. So far 23144 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 767.80 on 23-Sep-2024 and a 52 week low of Rs. 489.00 on 25-Oct-2023.
Last one week high and low of the scrip stood at Rs. 666.00 and Rs. 627.00 respectively. The current market cap of the company is Rs. 39791.39 crore.
The promoters holding in the company stood at 28.04%, while Institutions and Non-Institutions held 64.51% and 7.45% respectively.
Sona BLW Precision Forgings has inaugurated its new plant in Manesar (Haryana) on October 21, 2024. This is company’s second plant for the driveline business in IMT Manesar (Haryana).
The production at the new plant commenced on October 21, 2024. This plant will assist in catering to the growing demand for the driveline products of the Company.
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.
