Sona BLW Precision Forgings shares fell 36 percent from their yearly peak of Rs 768.65. Friday trading saw the stock at Rs 486.35, marking a 0.91 percent decline. Weekly losses reached 1.97 percent while monthly gains stood at 1.12 percent. Annual performance showed a 30.28 percent drop worth Rs 211.30.
Chairman Sunjay Kapur's sudden death at age 53 triggered leadership changes at the automotive parts manufacturer. The executive suffered a heart attack during a polo match in England. His passing left no Kapur family representatives on the company board despite their founding role in 1995. Rani Kapur holds the majority ownership as the widow of the founder, Dr Surinder Kapur. The firm's market value approaches Rs 2.94 lakh crore with annual revenue of Rs 3,184.8 crore for fiscal 2024.
Chairman Sunjay Kapur's sudden death at age 53 triggered leadership changes at the automotive parts manufacturer. The executive suffered a heart attack during a polo match in England. His passing left no Kapur family representatives on the company board despite their founding role in 1995. Rani Kapur holds the majority ownership as the widow of the founder, Dr Surinder Kapur. The firm's market value approaches Rs 2.94 lakh crore with annual revenue of Rs 3,184.8 crore for fiscal 2024.
