Sona BLW Precision Forgings share value witnessed an 8.5 p.c rally in intra-day buying and selling on Thursday, July 17, after studies surfaced claiming the corporate was in superior talks to produce electrical car (EV) parts to Chinese language automaker BYD. Each the BSE and NSE sought clarification from the corporate following the surge in investor curiosity.
Firm Clarifies: No Materials Data But
In a clarification to the exchanges, Sona BLW Precision Forgings mentioned it’s in common discussions with a number of home and international shoppers as a part of its ongoing enterprise technique. The corporate emphasised that there isn’t a materials data that warrants disclosure below Regulation 30 of SEBI’s Itemizing Obligations and Disclosure Necessities (LODR) Laws, 2015.
“That is in reference to information articles appeared throughout numerous mainstream media on July 17, 2025, in relation to ‘the corporate is in superior talks to produce electrical car parts to Chinese language EV producer BYD’. On this regard, the corporate needs to make clear that it’s in discussions with a number of potential clients in India and globally within the odd course, for progress of its enterprise,” it mentioned.
This fall Efficiency and EV Section Progress
Within the quarter ended March 2025, Sona BLW reported a web revenue of ₹164 crore, up 11 p.c from ₹148 crore in the identical interval final yr. Income from operations declined 2 p.c year-on-year to ₹865 crore from ₹884 crore.
Throughout This fall, the corporate secured a significant order from a North American EV producer for rotor-embedded differential sub-assemblies and epicyclic geartrains, contributing ₹1,520 crore to its order e-book. Notably, 35 p.c of Sona BLW’s income throughout the quarter got here from the EV enterprise, with Tesla persevering with as one among its key shoppers.
Inventory Efficiency: Risky however Recovering
The inventory touched a excessive of ₹494 on July 17, marking an 8.5 p.c acquire in intra-day commerce. Nevertheless, it stays practically 36 p.c under its 52-week excessive of ₹767.80, hit in September 2024. The inventory had slumped to a 52-week low of ₹379.80 in April 2025.
Regardless of being down over 36 p.c prior to now yr, the inventory has proven indicators of restoration. It rose 1.65 p.c in July thus far, after declining 11.5 p.c in June. The earlier two months—Might and April—noticed good points of 13 p.c and 4.3 p.c, respectively.
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