Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Sona BLW Precision Forgings Ltd. ( (IN:SONACOMS) ) has shared an announcement.
Sona BLW Precision Forgings Ltd. reported that its board has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025, signaling continued regulatory compliance and transparency in its financial reporting. The board also declared an interim dividend of Rs 1.60 per equity share for FY 2025-26, with 30 January 2026 set as the record date and payment to be completed within 30 days, reinforcing the company’s focus on shareholder returns. In addition, the board authorised the issuance of a corporate guarantee of up to USD 10.9 million (or equivalent in Chinese Yuan) to back working-capital borrowing facilities of its wholly owned step-down subsidiary, Comstar Automotive (Hangzhou) Co. Ltd., underscoring the company’s commitment to supporting its international operations and growth in the Chinese automotive market.
More about Sona BLW Precision Forgings Ltd.
Sona BLW Precision Forgings Ltd., also known as Sona Comstar, operates in the automotive components industry, manufacturing precision-forged and engineered components for vehicle and mobility applications, with a presence that includes operations in India and overseas subsidiaries such as its step-down unit in Hangzhou, China.
Average Trading Volume: 127,393
Technical Sentiment Signal: Sell
Current Market Cap: 276.6B INR
See more data about SONACOMS stock on TipRanks’ Stock Analysis page.