Sona BLW Precision Forgings Ltd receives certification fo PLI scheme

Sona BLW Precision Forgings Ltd has received certification for its second hub wheel motor for electric two-wheelers under the Production-Linked Incentive ("PLI") Scheme for Automobile and Auto Component Industry in India ("PLI-Auto") from the Ministry of Heavy Industries on 2nd April, 2024, vide its approval letter no. GARC/PLI/AUTO/2024-008 dated 30th March, 2024, for availing the benefits/incentive under PLI Scheme.

Shares of Sona BLW Precision Forgings Limited was last trading in BSE at Rs. 678.05 as compared to the previous close of Rs. 684.10. The total number of shares traded during the day was 90313 in over 1972 trades.

The stock hit an intraday high of Rs. 697.75 and intraday low of 676.00. The net turnover during the day was Rs. 62323033.00.

Source : Equity Bulls

Keywords

SonaBLWPrecisionForgings SonaComstar Certification PLIScheme Incentive