Sona BLW Precision Forgings gains on inking pact with DENSO Corporation
Sona BLW Precision Forgings is currently trading at Rs. 720.60, up by 1.35 points or 0.19% from its previous closing of Rs. 719.25 on the BSE.
The scrip opened at Rs. 712.90 and has touched a high and low of Rs. 741.75 and Rs. 705.00 respectively. So far 274583 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52-week high of Rs. 741.75 on 24-Jul-2026 and a 52-week low of Rs. 402.55 on 29-Sep-2025.
Last one week high and low of the scrip stood at Rs. 741.75 and Rs. 701.30 respectively. The current market cap of the company is Rs. 44460.58 crore.
The promoters holding in the company stood at 28.01%, while Institutions and Non-Institutions held 65.22% and 6.77% respectively.
Sona BLW Precision Forgings (Sona Comstar) has signed definitive agreements with DENSO Corporation, Japan (DENSO), to establish two joint ventures to develop, design, manufacture and market advanced electric and hybrid powertrain systems across multiple vehicle segments.
DENSO, a global leader in automotive technology and Sona Comstar, India’s leading innovator in EV components are joining forces. The two companies have decided to come together with a common vision: ‘to revolutionize the electric mobility landscape by delivering world class electric powertrains that set new benchmarks in performance, quality, reliability and sustainability’. By combining DENSO's technology leadership in electrification, advanced product engineering and R&D capabilities with Sona Comstar’s proven engineering excellence, cost-competitive manufacturing, agile delivery and deep understanding of the Indian automotive ecosystem, the partners aim to build scalable and cost-efficient powertrain solutions.
The partnership will be implemented through two strategic joint ventures. One joint venture will focus on high-voltage liquid-cooled traction inverters, traction motors and generators for electric and hybrid four-wheelers and larger vehicle applications. The other joint venture will focus on air-cooled traction inverters, traction motors and generators, and e-Axles for electric and hybrid two-wheelers and three-wheelers.
