Shares of Sona BLW Precision Forgings gained as much as 1.5 percent to Rs 450 in morning trade on August 5 after the company reported a 12.2 percent decline in net profit to Rs 124.7 crore in the first quarter of the current fiscal year.The company reported that its total revenue from operations reduced 4.2 percent at Rs 854 crore in the quarter under review from Rs 893 crore in the year-ago perio...

Indian auto ancillary stocks came under heavy pressure on June 13 after U.S. President Donald Trump signalled the possibility of raising tariffs on imported vehicles. The move, aimed at boosting domestic manufacturing, has stoked fears of renewed trade tensions and potential ripple effects on global supply chains.Shares of Sona BLW, Samvardhana Motherson, Bosch, and Uno Minda fell up to 2 percent ...

Shares of Indian car companies and auto component makers are sharply higher between 5-6 percent on April 15, led by Tata Motors, M&M, Samvardhana Motherson, and Sona BLW Precision Forgings, after US President Trump signalled a potential exemption for automotive sector grappling with high import tariffs.Trump said in a statement that he’s ‘looking to help some of the car companies’ that are i...

Shares of Tata Motors, Sona BLW Precision Forgings, and Samvardhana Motherson plunged up to 7 percent on March 27 as investors hit the brakes on auto stocks, spooked by Trump's 25 percent tariff on foreign car imports to the US.While the direct export of fully assembled vehicles from India to the U.S. is relatively limited, auto component makers with substantial export exposure will feel the impac...

Shares of Sona BLW Precision Forgings were higher on March 18 after Citi reaffirmed a 'Buy' rating, but lowered the target price citing the risk of weaker global demand as well as potential delays in existing orders, also reducing the multiple assigned to the company.The stocks gained close to a percent in early trade, reaching Rs 489.25 as of 10:00 am.Citi reaffirmed its 'Buy' rating on Sona BLW ...