#Q1WithBQ | Sona Comstar’s net profit and margin miss street estimates
MD & Group CEO Vivek Vikram Singh talks about what dragged the financials and what FY24 could look like. #BQLive
Global Media Coverage
MD & Group CEO Vivek Vikram Singh talks about what dragged the financials and what FY24 could look like. #BQLive
Gurugram, India, March 14th, 2023: Funds affiliated with Blackstone (NYSE: BX) have sold their balance 20.5% stake in Sona BLW Precision Forgings Ltd. (Sona Comstar), one of the leading global providers of automotive technology solutions.
Sona Comstar's Vivek Vikram Singh talks about the acquisition which will help strengthen ADAS capabilities.
Share price of Sona BLW opened higher on January 10 on the acquisition of Serbian company Novelic, a sensor design and software applications firm. Analysts see the deal as a growth opportunity in autonomous driving, and expect an upside of 27-44 percent.