Page 3 - Sona Comstar News Today

The PLI scheme allocated a budgetary outlay of Rs 25,900 crore over five years, commencing from the fiscal year 2023-24.

The share price of automobile components maker Sona BLW Precision Forgings Ltd (Sona Comstar) on Friday flared up to touch a high of Rs 648 after its closing at Rs 613.25 on Thursday at the BSE.The flare up happened after the company announced ...

The company had filed seven applications for different products under the PLI scheme, and it has received the certification for its first product, a hub wheel drive motor for electric two-wheelers, Sona Comstar said in a regulatory filing.

The company had filed seven applications for different products under the PLI scheme, and it has received the certification for its first product, a hub wheel drive motor for electric two-wheelers, Sona Comstar said in a regulatory filing.

Sona BLW Precision Forgings (Sona Comstar) announced on Thursday that it has received certification under the auto Production Linked Incentive (PLI) scheme. The certification, granted for the companys hub wheel drive motor for electric two-wheelers, marks Sona Comstar as the first automotive component company to receive such recognition

MUMBAI -- Automotive supplier Sona Comstar leads all other Indian rivals in terms of competitive advantage, according to the latest ranking by the Nikkei…

MUMBAI -- Automotive supplier Sona Comstar leads all other Indian rivals in terms of competitive advantage, according to the latest ranking by the Nik

While maintaining its withdrawal of accommodation stance, RBI Governor Shaktikanta Das also highlighted that the inflation rate was persistently high above the RBIs comfort range of 4%. On D-Street, while the Nifty PSU Bank index was trading about 3% higher led by SBI, Nifty Bank and Nifty Auto fell about 1% each. Kotak Mahindra Bank, ICICI Bank, and Axis Bank led the downside with a dip of 2% each. Among auto stocks, Eicher Motors, Maruti Suzuki, and Sona Comstar fell 2% each.

Budget 2024 Analysis: With the Lok Sabha elections scheduled for April - May this year, this was a vote-on-account and the final budget for FY25 will be presented in July.

News News: Discover how the automobile industry, including EV players, reacted to the Budget 2024 announcement by Finance Minister Nirmala Sitharaman, which focuses on boosting the electric vehicle scene in India and expanding charging stations and manufacturing facilities for electric vehicles.