Buy Sona BLW Precision Forgings, target price Rs 645: ICICI Securities

Buy Sona BLW Precision Forgings, target price Rs 645: ICICI Securities
ETMarkets.com
Rate Story
Share
Font Size
Save
Comment
Synopsis

Sona BLW Precision Forgings Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 27376.92 Crore) operating in Auto Ancillaries sector.

ThinkStock Photos
Sona BLW Precision Forgings Ltd. key Products/Revenue Segments include Other Auto Components, Scrap, Other Operating Revenue and Export Incentives for the year ending 31-Mar-2022.
has buy call on with a target price of Rs 645. The current market price of Sona BLW Precision Forgings is Rs 471.95. Time period given by analyst is one year when Sona BLW Precision Forgings Ltd. price can reach defined target.

Sona BLW Precision Forgings Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 27376.92 Crore) operating in Auto Ancillaries sector.

Sona BLW Precision Forgings Ltd. key Products/Revenue Segments include Other Auto Components, Scrap, Other Operating Revenue and Export Incentives for the year ending 31-Mar-2022.


Financials
For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 660.22 Crore, up 11.86 % from last quarter Total Income of Rs 590.24 Crore and up 12.62 % from last year same quarter Total Income of Rs 586.25 Crore. Company reported net profit after tax of Rs 92.55 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 67.18 per cent stake in the company as of 30-Jun-2022, while FIIs owned 10.1 per cent, DIIs 14.82 per cent.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

...more
Pick the best stocks for yourself
Powered by
Read before you invest. Insights on Sona BLW Precision Forgings Ltd.. Explore Now