Sona BLW shares rise over 3% after stellar Q4 show
The automotive tech's EBITDA reached Rs 248 crore, boasting a margin of 28 percent and demonstrating 23 percent YoY growth.
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The automotive tech's EBITDA reached Rs 248 crore, boasting a margin of 28 percent and demonstrating 23 percent YoY growth.
The company is poised to outshine the industry, owing to its high-value and high-margin product portfolio in the segment
North America is the company's largest end-market, accounting for a significant 40percent of its revenue.
The PLI scheme allocated a budgetary outlay of Rs 25,900 crore over five years, commencing from the fiscal year 2023-24.
Daljeet Singh Kohli discusses the performance of largecaps in India, the potential of the banking sector, and the growth of the EV market. He highlights Sona BLW as a promising company in the auto ancillary space. The agrochemical sector is expected to see positive movements. He is also looking at some of these road construction, ports and related infrastructure companies.