Economy
Sona BLW shares hit record high after 29 percent rise in net profit

Sona BLW shares hit record high after 29 percent rise in net profit

Livemint1h
THE BRIEF
1

Sona BLW Precision Forgings shares surged to a fresh record high of ₹882 on Wednesday, building on a rally that drove the stock up over 85% in 2026.

2

The auto component manufacturer reported a 29% year-on-year increase in consolidated net profit to ₹223.4 crore for the July-September quarter, alongside a 34.9% rise in revenue to ₹1,535.84 crore.

3

Battery electric vehicle revenue surged 129% to reach an all-time high of 51% of the auto business, while the net order book stood at ₹25,100 crore.