Sona BLW Precision Forgings has become the first automotive component manufacturer to receive certification under the auto production linked incentive (PLI) scheme.
Axis Bank target price: Motilal Oswal said Axis Bank delivered a mixed bag of performance in the September quarter, with healthy earnings driven by steady margins and sharper liquidity deployment during the quarter.
Sona BLW Precision remains a good proxy play for the global electrification trend, with a 26 per cent revenue mix from EVs and a 78 per cent mix in the order book.