Sona BLW Precision Forgings Ltd (Sona Comstar) is back in the spotlight with the auto component sector poised for a major policy boost. According to reports, the Indian government is actively considering a ₹13,000-crore support package aimed at accelerating growth in the domestic auto component industry.
Sona BLW, known for its focus on EV-ready components and precision engineering, could emerge as a key beneficiary if the proposal goes through. The company has been aggressively expanding its product portfolio in the e-mobility and drivetrain space, and any incentives supporting R&D, localisation, or capacity building could further sharpen its edge.
If approved, the ₹13,000-crore package could open up new opportunities for domestic players like Sona BLW.
In the meantime, Sona BLW shares traded in a narrow range today, opening at ₹450.00 and touching an intraday high of ₹453.65 and low of ₹441.05. The stock had closed at ₹449.55 in the previous session. The stock remains well above its 52-week low of ₹380.00, but still significantly below the 52-week high of ₹768.65.
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