On NSE, Sona BLW Precision Forgings Ltd is quoting Rs 452.8, up 4.67%. The company stock is down 24.9% in 2022, compared to a 4.75% jump in Nifty and a 12.16% jump in the Nifty Bank index.
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Sona BLW Precision Forgings Ltd is up for a third session on Wednesday. The stock is quoted at Rs 452.8, up 4.67%. The benchmark Nifty is down around 1.08% today, citing 17,923.05. The Sensex is at 60,364.76, down 1.01%. Sona BLW Precision Forgings Ltd has gained about 10.25% in the previous month.
Meanwhile, the Nifty Bank index, of which Sona BLW Precision Forgings Ltd is a constituent, has gained around 4.44% in the previous month and is currently quoting at 12,960.85, up 0.05% on the day. The volume in the stock stood at 27.33 lakh shares on January 25, compared to the daily average of 13.41 lakh shares in the previous month.
Based on TTM earnings, the PE of the stock was 72.4 at the end of September 2022.