Sona BLW Precision Forgings543300Auto ancillaries
Sona BLW stock surged after strong earnings; analyst declines specific buy/sell call citing no coverage but remains positive on auto ancillary export opportunities
By ScoutQuest · · 1 min read
Heard on business television between 11:05:07 - 11:08:07 IST.
- Viewer asked whether to buy Sona BLW at current price after a sharp rally.
- Analyst Gourang said the company has a strong niche position with international automobile manufacturers as clients and posted stellar numbers.
- He declined to give a specific buy/sell/hold call for Sona BLW citing no coverage of the stock.
- He said he remains extremely positive on auto ancillary, tire and battery manufacturing companies, expecting export markets to create huge opportunity for Indian auto ancillary companies.
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