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HDFC Securities initiates coverage on Sona BLW with 'Add'; sees upside on EV-led growth
HDFC Securities initiated coverage on Sona BLW Precision Forgings with an Add rating and Rs 845 target, citing EV-led growth, strong R D and product expansion. The brokerage expects sustained margin strength but flagged geopolitical, tariff and promoter-related risks as potential headwinds.
Exide Industries among 6 midcap stocks that hit 52-week highs surged up to 20% in a month
Six BSE 150 MidCap stocks, including Exide Industries, Sona BLW Precision Forgings and One97 Communications, hit 52-week highs as markets advanced. The stocks gained up to 20% over the past month, signalling sustained investor confidence and strong bullish momentum.