Sona BLW Precision Forgings rises on signing MoU with NEURA Robotics
Sona BLW Precision Forgings is currently trading at Rs. 437.00, up by 7.30 points or 1.70% from its previous closing of Rs. 429.70 on the BSE.
The scrip opened at Rs. 434.80 and has touched a high and low of Rs. 438.90 and Rs. 430.50 respectively. So far 46970 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 745.00 on 24-Oct-2024 and a 52 week low of Rs. 379.80 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 445.95 and Rs. 404.40 respectively. The current market cap of the company is Rs. 26715.35 crore.
The promoters holding in the company stood at 28.02%, while Institutions and Non-Institutions held 64.31% and 7.67% respectively.
Sona BLW Precision Forgings (Sona Comstar) has signed a memorandum of understanding (MoU) with NEURA Robotics GmbH at Metzingen, Germany. The official announcement serves as a basis for establishing shared objectives between Sona Comstar and NEURA Robotics regarding a strategic collaboration to jointly develop advanced technologies, components, and sub-assemblies, as well as the industrialization of robots and humanoids in the Indian and other mutually agreed-upon markets.
With the rapid advancement of artificial intelligence, advanced perception, and control technologies, as well as rapidly decreasing computing costs, the world is entering a new era of intelligent automation. This technological leap is fueling unprecedented growth in both industrial robotics and humanoid robots, transforming manufacturing and logistics industries globally. As organizations seek greater efficiency, flexibility, and safety, the adoption of robotics across factory floors and human-centric environments is accelerating at a remarkable pace.
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.
