Sona BLW shares: Jefferies initiates coverage, expects auto ancillary stock to grow one-third in value
Jefferies initiated coverage on Sona BLW Precision Forgings (SONACOMS) with a 'buy' rating and a target price of Rs 575 per share — implying upside potential of around 33 per cent.
The target price laid out by Jefferies for Sona BLW Precision Forgings implies a 33 per cent upside in the auto ancillary stock. Image: Pixabay