Support and Resistance Levels
Past performance
About Sona BLW Precision Forgings Ltd Sona BLW Precision Forgings Limited, established in 1995 and initially known as Sona Okegawa Precision Forgings Limited, is a key player in the manufacturing of precision automotive components such as bevel gears, differential case assemblies, and various motors. The company operates nine manufacturing and assembly plants across India, China, Mexico, and the USA, with a significant presence in India. Over the years, Sona BLW has engaged in strategic acquisitions and restructuring initiatives, including acquiring Comstar Automotive Technologies and selling an 81% stake in Sona Holding BV. The company is listed on the BSE and NSE since June 2021.
In recent developments, Sona BLW has focused on innovation and expansion, launching high-efficiency motors and acquiring a 54% stake in Novelic. Additionally, it opened a new facility in Pune and introduced new product lines for the North American electric SUV market. These strategic moves highlight Sona BLW's commitment to enhancing its technological capabilities and expanding its global footprint in the automotive sector.