Shares of Sona BLW Precision Forgings Ltd dropped 6.70% to ₹420.00 on Friday, April 4, continuing their sharp decline for the second straight session. The stock has now lost 10% over the past two days, following US President Donald Trump’s reciprocal tariff announcement that rattled Indian auto exporters.
According to market experts, Sona BLW generates nearly 44% of its revenue from the U.S. market, making it highly vulnerable to trade disruptions. The company manufactures and supplies engineered automotive systems like EV traction motors, hybrid systems, and precision gears to global OEMs, with the U.S. being its largest market.
On Thursday, the stock had already closed 6.2% lower after Trump imposed a 26% reciprocal tariff on Indian goods. With India’s total auto exports to the U.S. valued at around $6–7 billion, the sector is expected to take a major hit if no resolution is reached soon.
While diplomatic efforts are underway between India and the U.S. to resolve tariff-related tensions, the short-term outlook for Indian auto exporters like Sona BLW remains cautious, with volatility likely to persist.
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