[ad_1] Auto component maker Sona BLW Precision Forgings Ltd on Wednesday (January 29) said it has signed a memorandum of understanding (MoU) with Ubifly Technologies Private Limited (The ePlane Co.) to collaborate on powertrain development for electric vertical take-off and landing (eVTOL) aircraft and drones. Company Value Change %Change The ePlane Co. is a pioneer […]
Sona BLW Precision Forgings Q2 consolidated PAT rises 16 percent to Rs 143 crore – CNBC TV18
[ad_1] Auto components maker Sona BLW Precision Forgings (Sona Comstar) on Wednesday reported a 16% year-on-year growth in consolidated Profit After Tax (PAT) at ₹143.57-crore for the quarter ended September 30, 2024. The company had posted a net profit of ₹124.06 crore in the second quarter of FY24, according to a regulatory filing. Revenue from […]
Sona BLW Precision Forgings raises ₹2,400 crore through QIP – CNBC TV18
[ad_1] Auto component maker Sona BLW Precision Forgings Ltd on Monday (September 9) said it has successfully completed a qualified institutional placement (QIP), raising ₹2,400 crore. The company allocated 3.5 crore equity shares at an issue price of ₹690 each. This price includes a premium of ₹680 per share, representing a 1.29% discount on the […]
Sona BLW Precision Forgings likely to raise up to ₹2,400 crore via QIP at ₹675-700 per share – CNBC TV18
[ad_1] Auto component maker Sona BLW Precision Forgings is likely to raise up to ₹2,400 crore through a Qualified Institutions Placement (QIP) of equity shares, sources privy to the developments told CNBC-TV18. The company has set an indicative issue price range of ₹675-700 per share for the QIP, with equity dilution expected to be 6.06% […]