Highlights:
- Demand Recovery: Top-line growth driven by a recovery in demand.
- Operating Margin: Remained flat due to increased staff costs.
- Earnings Visibility: Strong order book ensures future earnings visibility.
- EV Segment Dominance: Leading position in the EV segment, both domestically and internationally.
- Acquisitions: Investment in acquisitions is yielding positive results.
Sona BLW Precision Forgings Ltd (SBPFL; Current Market Price: Rs 687.1; Market Cap: Rs 40,295 crore; Rating: Overweight) reported a strong performance for Q1 FY25. This success was fueled by a robust recovery in demand and a softening of raw material prices.
Price can see huge up surge if able to sustains above 720 for couple of week.
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