India's Sona BLW jumps over 3% on block deals

Sona Blw Precision Forgings

20/04/2023 08:36

** Shares of Sona BLW  SONB.NS  rise as much as 3.25% to
479.85 rupees, a four-month high
    ** Precision forged gear maker's stock top gainer in auto
index  .NIFTYAUTO , which is up 0.1%
    ** About 369,725 shares change hands in two blocks, as of 1
p.m. IST, at a price range of 477.85 rupees and 477.75 rupees -
Refinitiv data
    ** Trading volume is 2.26 mln shares as of 1 p.m. IST, 0.9x
the 30-day avg 
    ** Of the 16 analysts tracking SONB, 11 maintain "buy",
three suggest "sell" and two recommend "hold"; median PT is 529
rupees

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))