Why are Sona BLW shares up 6% today? Details here
As per the report, Sona BLW is set to supply critical parts to BYD and is also planning to set up a manufacturing plant in China.
This potential deal, if finalized, could significantly strengthen Sona BLW's global EV portfolio and open doors to deeper integration with one of the world's largest electric vehicle manufacturers. Investors reacted positively, pushing the stock higher on hopes of long-term growth and expansion in the Chinese market.
Sona BLW shares opened at ₹455.30 and, at the time of writing, hit a high of ₹483.80 during the day, while the low stayed at ₹455.30. The stock has a 52-week high of ₹768.65 and a 52-week low of ₹380.00.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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