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HomeINVESTMENT25,900 Crore Allocated By Govt; After Govt Decision Don't Sell Before ₹789

25,900 Crore Allocated By Govt; After Govt Decision Don’t Sell Before ₹789

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Sona BLW Precision Forgings Ltd (NSE: SONACOMS): A 5 percent increase was registered for Sona BLW Precision Forgings’ shares. 

Sona BLW Precision Forgings in the market on the day of publication. Following this rise the cost of shares in the company reached the mark of Rs 649. 

The reason for this surge could be due to the reports about the company. Sona BLW Precision Forgings has been awarded a certificate as part of the PLI Scheme.

The information provided by the business to exchange it is stated that it was the first automobile company to be granted certification in the PLI scheme. 

The company applied for a PLI scheme that covers seven different products. The certification for the first item has been received. 

The Auto PLI Scheme was launched by the government in 2021. The scheme was launched to help encourage local companies. 

The government has offered an amount of Rs 25,900 crore to the scheme for five years. Experts has suggested not to sell share before the price reached at Rs 789.

What Is The Performance Overall Of The Company?

The investors who are invested in this company have seen a gain of 40.81 percent over the past year. However, the price of shares has only increased by 10.19 percent over the last six months. 

The 52-week high for the company’s share price on BSE can be found at 669.95 per share. Meanwhile, the 52-week lowest value is 401.10 per share.

How Solid Are The Results For The Quarter?

Its net income for December of this business for December was 113.60 crore. Net profit for the business has increased by 24 percent year-to-year. 

The company’s revenues from October through December 2023 were 781.80 crore. It has been growing by 15.80 percent on a year-on-year basis.

About Sona Blw Precision Forgings Ltd 

Sona BLW Precision Forgings Limited, a company based in India, is involved in the manufacture of precision forged bevel and differential case assemblies.

The Company produces differential assemblies, differential motors, and traction motors for electric vehicles (EVs), including brushless direct current motors (BLDC) or permanent magnet synchronous (PMSM).

It also manufactures motor control units. Driveline technology includes precision-forged couplings and gears.

It has nine manufacturing plants in India, Mexico, the United States, and China.

Fundamental Analysis of Sona Blw Precision Forgings Ltd

Market Cap₹ 38,075 Cr.
Current Price₹ 649
52-wk High₹ 670
52-wk Low₹ 401
Stock P/E76.6
Book Value₹ 41.5
Dividend0.45 %
ROCE22.0 %
ROE18.3 %
Face Value₹ 10.0
P/B Value15.6
OPM28.1 %
EPS₹ 8.34
Debt₹ 386 Cr.
Debt to Equity0.16

Sona Blw Precision Forgings Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 575₹ 844
2025₹ 867₹ 1100
2026₹ 1155₹ 1280
2027₹ 1324₹ 1400
2028₹ 1478₹ 1654
2029₹ 1700₹ 1780
2030₹ 1800₹ 2200
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Sona Blw Precision Forgings Ltd Shareholding Pattern

Promoters Holding
Dec 202253.53%
Mar 202333.00%
June 202329.76%
Sept 202329.76%
Dec 202329.71%
FII Holding
Dec 202211.27%
Mar 202324.69%
June 202331.68%
Sept 202333.35%
Dec 202332.88%
DII Holding
Dec 202224.37%
Mar 202331.28%
June 202328.20%
Sept 202327.50%
Dec 202327.90%
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Public Holding
Dec 202210.83%
Mar 202311.01%
June 202310.35%
Sept 20239.39%
Dec 20239.51%

Sona Blw Precision Forgings Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 699 Cr
2020₹ 1,038 Cr
2021₹ 1,566 Cr
2022₹ 2,131 Cr
2023₹ 3,043 Cr

Last 5 Years’ Net Profit:

2019₹ 173 Cr
2020₹ 360 Cr
2021₹ 215 Cr
2022₹ 362 Cr
2023₹ 490 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20190.26
20200.2
20210.2
20220.04
20230.1

Last 10 Years’ Profit Growth:

10 Years:
5 Years:38%
3 Years:38%
Current Year:31%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:22%
3 Years:19%
Last Year:18%

Sales Growth Over 10 Years:

10 Years:
5 Years:34%
3 Years:37%
Current Year:24%

Conclusion

This article is a complete guide about Sona Blw Precision Forgings Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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