Despite the weak trends in the Indian stock market today, Sona BLW Precision Forgings shares are experiencing a rise due to several factors, primarily linked to the company's strong position in the electric vehicle (EV) market and strategic business developments.

One major reason for the upward momentum is the company's increasing focus on and success in the EV sector. Sona BLW has been proactive in securing orders and partnerships related to EV components. As of March 31, 2025, the company's order book reached a record ₹242 billion, with 77% coming from electric vehicle programs. This strong order book positions the company to capitalize on the global shift towards electric mobility. Furthermore, Sona BLW is investing in advanced mobility technologies like sensors and motor inventors to drive growth.

Recent media reports have also highlighted that Sona BLW is in advanced talks to supply EV components to BYD, a major electric vehicle manufacturer in China. If this deal materializes, Sona BLW might establish a local manufacturing plant in China to supply components to BYD, which would further strengthen their partnership. In the financial year's fourth quarter of 2025, 35% of the company's revenue came from the electric vehicle business, with Tesla being one of its major clients, underscoring its growing role in the global EV supply chain.

Additionally, Sona BLW shares gained traction after the company signed a binding term sheet with Jinnaite Machinery (JNT) to establish a joint venture (JV) in China. This joint venture is expected to unlock ₹1,670 crore TAM (total addressable market).

However, it's important to note that Sona BLW faces certain risks, including trade tensions, especially in the US markets, which are a significant revenue source for the company. Despite these challenges and short-term market volatility, the company's robust order book, technological expertise, and global presence support its growth prospects.

While Sona BLW's stock price has risen 7% in the past five trading sessions, it has declined 15.9% in the past six months. In the past year, shares of the company have fallen 32%. The stock touched its 52-week high of Rs 767.8 on September 23, 2024, and a 52-week low of Rs 379.8 on April 7, 2025. Sona BLW share price has gained 2% in three months but has fallen 5% in the past six months. The stock has dropped 20% on a year-to-date (YTD) basis and has declined 31% in one year. Sona BLW shares have fallen 16% in two years.

In conclusion, Sona BLW's shares are rising due to its strategic focus on the EV sector, potential partnerships with major EV manufacturers like BYD, and the establishment of joint ventures to expand its market reach. These factors contribute to positive investor sentiment despite broader market weaknesses.