Sona Comstar IPO - All Set To Play The Electric Vehicle, Hybrid Momentum: Prabhudas Lilladher

Sona Comstar IPO - All Set To Play The Electric Vehicle, Hybrid Momentum: Prabhudas Lilladher

Gear wheels sit in a rack of an automotive component washing machine. (Photographer: Dhiraj Singh/Bloomberg).

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Prabhudas Lilladher Report

We are optimistic on Sona BLW Precision Forgings Ltd.'s (Sona Comstar) IPO given:

  1. Huge addressable market considering strong growth potential of electric vehicle/hybrid products (~41% of revenue).

  2. Diversification across geographies (~75% revenue from exports).

  3. Market share gains in key products.

The company is one amongst limited number of players who is well placed to integrate three constituents of electric powertrain (differential assembly, high voltage traction and high voltage inverters) into a single matched unit offering an efficient and compact solution to electric vehicle original equipment manufacturers.

Click on the attachment to read the full report:

Prabhudas Lilladher Sona BLW Precision Forgings IPO.pdf
Read Document

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

lock-gif
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Still Not convinced ?  Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES