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HDFC Securities initiates coverage on Sona BLW with ‘Add’; sees upside on EV-led growth

HDFC Securities initiated coverage on Sona BLW Precision Forgings with an Add rating and Rs 845 target, citing EV-led growth, strong R&D and product expansion. The brokerage expects sustained margin strength but flagged geopolitical, tariff and promoter-related risks as potential headwinds.

Source :- Markets-Economic Times Read More

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