Sona BLW Precision Forgings Ltd soars 2.34%

Sona BLW Precision Forgings Ltd is up for a third straight session in a row. The stock is quoting at Rs 821.75, up 2.34% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.05% on the day, quoting at 22710.65. The Sensex is at 73074.15, up 0.06%. Sona BLW Precision Forgings Ltd has risen around 4.02% in last one month.

Meanwhile, Nifty Auto index of which Sona BLW Precision Forgings Ltd is a constituent, has risen around 5.02% in last one month and is currently quoting at 25391.85, up 0.08% on the day. The volume in the stock stood at 19.32 lakh shares today, compared to the daily average of 25.87 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 815.3, up 1.12% on the day. Sona BLW Precision Forgings Ltd is up 81.7% in last one year as compared to a 10.32% drop in NIFTY and a 4.85% drop in the Nifty Auto index.

The PE of the stock is 64.53 based on TTM earnings ending June 26.

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