Sona BLW Precision Forgings Ltd: Market Update
Sona BLW Precision Forgings Ltd, a prominent player in the automotive technology sector, experienced a significant drop in its share price on June 13, 2025. The company’s shares fell by 8% following the unfortunate passing of its Chairman and Non-Executive Director, Sunjay Kapur, at the age of 53. The shares reached an intraday low of ₹471.55 on the BSE, although they later recovered slightly to trade at ₹502.95, still down 1.56% by 10:12 AM.
Sunjay Kapur, a key figure in India’s automotive industry, passed away in England after suffering a heart attack during a polo match. Despite this setback, Sona BLW assured stakeholders that its operations and future prospects remain unchanged, emphasizing their commitment to upholding Kapur’s legacy and the values he instilled in the company.
In addition to the impact of Kapur’s passing, Sona BLW, along with other auto ancillary stocks, faced further pressure due to geopolitical developments. U.S. President Donald Trump hinted at the possibility of increasing tariffs on imported vehicles, which could potentially disrupt global supply chains and affect export-reliant manufacturers like Sona BLW. This speculation led to a broader decline in the auto ancillary sector, with shares of companies such as Samvardhana Motherson, Bosch, and Uno Minda also experiencing declines of up to 2%.
As of June 11, 2025, Sona BLW’s close price was ₹510.85, with a 52-week high of ₹768.65 and a low of ₹380. The company’s market capitalization stood at ₹31,272.41 crore, reflecting its significant presence in the Consumer Discretionary sector. Despite the recent challenges, Sona BLW continues to be a global supplier of driveline and traction motor solutions, with manufacturing and R&D facilities across India, the United States, Serbia, Mexico, and China.