LKP Research is bullish on Sona BLW Precision Forgings Ltd has recommended buy rating on the stock with a target price of Rs 624 in its research report dated June 26, 2023.
Nifty Auto index gains over 1% and touches new 52-week high, supported by significant buying in the four-wheeler space. Mahindra & Mahindra, Ashok Leyland, Tata Motors, Maruti Suzuki, and Bharat Forge contributed positively to the index.