What made Kotak downgrade recent debutant Sona BLW to 'sell'The current stock price, it said, is also building 25 per cent market share in the domestic EV two-wheeler traction motor segment.
16 Dec, 2021, 02.01 PM IST
Strong Q2 numbers drive Sona BLW 15% higherThe auto components maker also known as Sona Comstar reported a 22.24 per cent increase in its consolidated net profit to Rs 88.2 crore for...
28 Oct, 2021, 11.52 AM IST
Zomato’s IPO offer delivers record fees to bankersThey took home ₹229 crore, or 2.44% of the issue, in fees, a record in both actual and percentage terms. The previous record was in 2007 by...
27 Jul, 2021, 08.10 AM IST
Stay neutral, stay light and keep some powder dry: Gurmeet Chadha“Any company with an adverse energy mix and large dependency on crude derivatives would be in for EBIT shock. But it could be transient. ”
13 Jul, 2021, 02.32 PM IST
Sona Comstar lists at 4% premium over issue priceSona Comstar, which was sold from June 14 to June 16, was subscribed 2.33 times, with the portion meant for qualified institutional buyers ...
24 Jun, 2021, 12.33 PM IST
Grey market signals stable debut for Shyam Metalics, tepid listing for Sona ComstarShyam Metalics and Energy is trading at a healthy premium of Rs 130-135 in the grey markets and is likely to post decent listing gains. Son...
23 Jun, 2021, 01.12 PM IST
Sona Comstar, Shyam Metalics to make D-Street debut on June 24Auto component maker Sona BLW Precision Forgings and integrated metal producing firm Shyam Metalics and Energy, which recently concluded th...
20 Jun, 2021, 02.51 PM IST
Sona Comstar IPO fully subscribed on Day 3At 5:00 pm, investors bid for 24,43,04,790 shares of the company, out of a total issue of 10,71,05,262. The company is selling its shares i...
16 Jun, 2021, 05.36 PM IST
Sona Comstar’s Rs 5,550 crore IPO subscribed 27% on Day 2At a price band of Rs 285-291, the company’s IPO is roughly valued at 76 times one-year forward earnings, making it one of the most expensi...
15 Jun, 2021, 05.49 PM IST
Sona Comstar IPO: Should you subscribe to this EV play at 74x PE multiple?The auto component maker on Saturday raised Rs 2,498 crore from anchor investors, which was 45 per cent of the total issue size.
15 Jun, 2021, 09.06 AM IST
Day 1: Sona Comstar’s Rs 5,500 crore IPO gets off to a muted startThe IPO was subscribed merely 11 per cent at the end of day one. At 5:00 pm, only 1,13,93,298 shares of the company received bids out of a ...
14 Jun, 2021, 06.16 PM IST
Sona Comstar raises Rs 2,500 crore in anchor issue, third-largest everThe anchor issue is the third-largest in Indian capital market history after SBI Cards and Payment Services and Power Grid Infrastructure I...
12 Jun, 2021, 09.08 AM IST
All you need to know about Sona Comstar IPOThe issue comprises fresh issuance of equity shares, aggregating up to Rs 300 crore, and an offer for sale of shares worth up to Rs 5,250 c...
10 Jun, 2021, 05.52 PM IST
Sona Comstar to launch IPO on June 14 for Rs 5500 croreSona Comstar has fixed the price band for the issue at Rs 285 to Rs 291 per share, the company said in a statement.
09 Jun, 2021, 06.11 PM IST
Sona Comstar gets Sebi's go ahead to float Rs 6,000-cr IPOThe IPO comprises a fund-raise via fresh issue amounting to Rs 300 crore and an offer for sale aggregating up to Rs 5,700 crore by selling ...
10 May, 2021, 07.33 PM IST
Sona Comstar commissions new manufacturing plant at ManesarThe facility, which is spread across five acres, will produce differential assemblies and e-drive modules for the company's global customer...
16 Mar, 2021, 03.53 PM IST
Blackstone-owned auto parts firm Sona Comstar set for Rs 6,000-cr IPOThe company will be valued at $3 billion (Rs21,747 crore) in this proposed IPO, said one of the persons mentioned above.
22 Feb, 2021, 11.34 PM IST