India's Sona BLW Precision Forgings up 4% on Q3 earnings rise

Sona Blw Precision Forgings

24/01/2023 10:11

** Shares of Sona BLW Precision Forgings  SONB.NS  rise as
much as 4.4% to 436 rupees, a near two-week high
    ** Rise comes after co reported a rise in third quarter
profit and margins
    ** Co approves interim divided of 1.28 rupees per share for
FY2023
    ** Of the 14 analysts tracking the company, 9 maintain
"buy", 3 suggest "sell" and 2 "hold"; median target price is 535
rupees - Refinitiv data
 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; Mobile:
+919769003463))