Sona BLW Precision - Big Plans ahead for growth & New product launches
Sona BLW Precision Forgings Q2 consolidated PAT rises 16 pc to Rs 143.57 cr
MUMBAI: Auto components maker Sona BLW Precision Forgings (Sona Comstar) on Wednesday reported a 16 per cent year-on-year growth in consolidated Profit After Tax (PAT) at Rs 143.57-crore for the quarter ended September 30, 2024.
Sona BLW shares zoom 10.5% on approving Rs 1,600 crore acquisition of Escorts Kubota’s railway equipment biz
Sona BLW Precision Forgings (Sona Comstar) is acquiring Escorts Kubota's Railway Equipment Division for Rs 1,600 crore on a slump sale basis. This strategic move aligns with Escorts Kubota’s focus on agriculture and construction sectors. The acquisition enhances Sona Comstar’s mobility offerings.
Escorts Kubota to sell railway equipment biz to Sona Comstar
Chennai: Escorts Kubota has entered into the business transfer agreement with Sona BLW precision forgings limited (Sona Comstar) for transferring the existing railway equipment business division...
Sona Comstar expanding business focus to transportation and mobility
CHENNAI: Component major Sona Comstar is expanding its business focus from pure play automobiles to transportation and mobility...
Sona BLW Precision Forgings to acquire Escorts Kubota's railway equipment division
Sona BLW Precision Forgings has entered into an agreement (Agreement) with Escorts Kubota (EKL) to acquire the Railway Equipment Division of EKL (RED), as going concern, on slump sale basis, for an enterprise value of Rs 1,600 crore.
