Sona BLW Precision Forgings Limited
Nippon India Mutual Fund reduced its stake in Sona BLW Precision Forgings from 1.19% to 1.10%, selling 5,16,490 shares.
An automotive technology company that designs and manufactures engineered systems and components for vehicles across all categories. Sona BLW Precision Forgings produces differential assemblies, gears, conventional and micro-hybrid motors, BSG systems, and EV traction motors. The company develops mechanical and electrical hardware systems, components, and base and application software solutions tailored for the automotive industry.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.