By Debdeep Gupta | 12 Apr, 2024
SKF, Sona BLW, Sandhar Tech rise as Tesla CEO Elon Musk's upcoming India visit boosts EV stocks
Musk will be visiting India to meet PM Modi later in April and will likely announce plans to invest and open a new factory in the country, according to reportsShares of several auto ancillary companies including Sandhar Tech and Sona BLW Precision surged up to 7 percent on April 12 after Tesla CEO Elon Musk announced his India visit. In a post on the X platform on April 10, Musk said that he is lo...
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sonya 2025-03-28 09:52:59
The company has executed a Share Purchase Agreement with South Korea-based Jinyoung Electro-Mechanics Co. for the sale of its entire stake in the joint venture, Jinyoung Sandhar Mechatronics . The decision to exit the joint venture aligns with the company’s strategic objective of streamlining its business operations and concentrating on its core competencies.
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