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Sona BLW Expands with New Indian Subsidiary

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Sona BLW Expands with New Indian Subsidiary

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The latest announcement is out from Sona BLW Precision Forgings Ltd. ( (IN:SONACOMS) ).

Sona BLW Precision Forgings Ltd. has announced the incorporation of a step-down subsidiary, Novelic India Private Limited, through its Serbian subsidiary NOVELIC d.o.o. Beograd-Zvezdara. This strategic move marks the company’s expansion into the Indian market, potentially enhancing its operational footprint and market presence in the mobility ancillary sector.

More about Sona BLW Precision Forgings Ltd.

Sona BLW Precision Forgings Ltd. operates in the mobility ancillary industry, focusing on radars, sensors, and software.

Average Trading Volume: 183,872

Technical Sentiment Signal: Hold

Current Market Cap: 315.1B INR

See more data about SONACOMS stock on TipRanks’ Stock Analysis page.

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