Sona Comstar surges 5% on becoming first auto parts maker to get PLI certificate
The PLI scheme allocated a budgetary outlay of Rs 25,900 crore over five years, commencing from the fiscal year 2023-24.
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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 company's hub wheel drive motor for electric two-wheelers, marks Sona Comstar as the first automotive component company to receive such recognition