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Can I read Sona BLW Q2 FY26 Results Overview on EtoBox?

Sona BLW Q2 FY26 Results Overview by Tariq Hussain is a document available to read on EtoBox.

What is Sona BLW Q2 FY26 Results Overview about?

Sona BLW Precision Forgings Ltd reported better-than-expected operational results for Q2 FY26, with consolidated revenues growing 23.4% YoY to Rs 11.4 billion, despite a decline in BEV revenues due to weak demand. The company maintains a steady order book of approximately Rs 236 billion and has developed rare earth-free motors to mitigate supply chain issues. The recommendation for the stock is to ADD, with a target price of Rs 553, reflecting a potential return of 14.3% from the current price of Rs 484.

Author
Tariq Hussain
Language
EN