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Sona BLW Precision: Stock jumps after receiving 3 PLI certifications of EVs

Sona BLW Precision Forgings Ltd received PLI Scheme certification for three traction motor products, enabling benefits for electric two-wheeler and three-wheeler components under the Ministry of Heavy Industries.

Introduction

Leading auto component manufacturer has received certification for three traction motor products under the PLI Scheme for electric vehicles. These approvals enable eligibility for incentives from the Ministry of Heavy Industries in India.

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Share price movement of Sona BLW

On August 26, 2025, Sona BLW Precision Forgings Ltd opened at ₹452.50, slightly up from its previous close of ₹451.20. The stock reached a high of ₹452.85 and a low of ₹441.50. By 10:30 AM, it traded at ₹450.80, down 0.09%, with a market cap of ₹28,027.18 crore.

Sona BLW Gets PLI Certification for EV Motors

Sona BLW Precision Forgings Limited announced it has received certification for three products under the Production-Linked Incentive Scheme. Two certifications are for traction motors for electric three-wheelers and one for traction motor for electric two-wheelers.

The certifications were granted by the Ministry of Heavy Industries on August 23, 2025. These approvals allow the company to avail benefits under the PLI Scheme for Automobile and Auto Component Industry in India.

Recent news on Sona BLW

As of July 21, 2025, Sona BLW Precision Forgings signed a binding term sheet with Jinnaite Machinery to form a joint venture in China for manufacturing and supplying driveline systems and components to global automotive OEMs.

Stock performance of Sona BLW for Period of 1 week, 6 months, and 1 year

Sona BLW Precision Forgings Ltd delivered a -0.90% return over the past week, declined by 10.3% in the past six months. The stock dropped 37.0% over the past year.

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Shareholding pattern of Sona BLW

ParticularsJun 2025Mar 2025Dec 2024
Promoter28.00%28.00%28.00%
FII29.80%29.90%33.30%
DII35%34%31%
Public7.60%7.60%7.60%

About Sona BLW

Sona BLW Precision Forgings Ltd (NSE: SONACOMS) is an automotive technology company designing and manufacturing systems like differential assemblies, gears, BSG systems, and EV traction motors, serving multiple vehicle categories with mechanical and electrical solutions.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Sona BLW Precision Forgings Ltd share price going up today?

A: The company received PLI Scheme certification for three traction motor products for electric two-wheelers and three-wheelers.

Q: What does Sona BLW Precision Forgings Ltd specialize in?

A: It specializes in designing and manufacturing automotive systems, including differential assemblies, gears, EV traction motors, and BSG systems.

Q: What is the 52-week high and low of Sona BLW Precision Forgings Ltd stock?

A: The stock’s 52-week high is ₹767.80, and the 52-week low is ₹379.80.

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जैन: 6% अमेरिकी बॉन्ड यील्ड का भारतीय बाजार पर प्रभाव इक्विटी वैल्युएशन में गिरावट का जोखिम पैदा कर सकता है

भारतीय बाजार पर अमेरिकी बॉन्ड यील्ड का प्रभाव: प्रशांत जैन ने 6% के स्तर पर वैश्विक मंदी और फंड निकासी

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