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Sona Blw

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Large order book, EV demand drive auto parts maker Sona BLW growth

Auto parts maker Sona BLW Precision Forgings (Sona) reported strong revenue in the fourth quarter of financial year 2023-24 (Q4FY24) as demand for electric vehicles expands. The company reported a......

Auto component makers to gain from new 4-wheeler electric vehicle policy

The new four-wheeler (4W) electric vehicle (EV) policy may spur the entry of global majors. Photograph: Adnan Abidi/Reuters The manufacturing policy cuts Customs duty to 15 per cent, given a......

Sona BLW shifts gear with order boost from EV space

From its lows this month, the stock of Sona BLW Precision Forgings is up 10 per cent on better-than-expected results. The stock rose by 4 per cent in the trading session on Tuesday after......

Block deals touch five-month high in a skittish market

Despite markets turning volatile, share sale activity at India Inc has surged to its highest level in five months. Illustration: Dominic Xavier/Rediff.com So far in March, promoters, strategic......

54 companies wait in the wings with IPOs worth Rs 1.4 trn

Fundraising activity in the upcoming financial year 2022-23 may even surpass FY22 when 52 Indian companies raised a record Rs 1.11 trillion via initial public offerings (IPOs). Illustration:......

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