Sona BLW Precision Forgings saw a slight increase in its stock price, trading at Rs. 634.95, up by 0.80 points or 0.13% from its previous close of Rs. 634.15 on the BSE.

The stock opened at Rs. 636.55, reaching a high of Rs. 649.20 and a low of Rs. 633.45 during the session. So far, 23,144 shares have changed hands.

This BSE group 'A' stock, with a face value of Rs. 10, recorded a 52-week high of Rs. 767.80 on September 23, 2024, and a 52-week low of Rs. 489.00 on October 25, 2023. Over the last week, it touched a high of Rs. 666.00 and a low of Rs. 627.00. The company’s current market capitalization stands at Rs. 39,791.39 crore.

The promoter group holds 28.04% of the company, while institutions and non-institutional investors hold 64.51% and 7.45%, respectively.

The company inaugurated its new manufacturing facility in Manesar, Haryana, on October 21, 2024. This marks Sona BLW's second plant for its driveline business in the IMT Manesar area.

Production at the new plant began on the same day, and it will help meet the rising demand for the company’s driveline products. Sona BLW is a key player in India's automotive technology sector, specializing in the design, manufacturing, and supply of critical components like differential assemblies, gears, and starter motors.