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This Article is From Jun 11, 2021

Sona Comstar IPO - Poised To Leverage Electric Vehicles Acceleration, Valuation Looks Demanding: Dolat Capital

Sona Comstar IPO - Poised To Leverage Electric Vehicles Acceleration, Valuation Looks Demanding: Dolat Capital
Electric Propulsion product manufactured by Sona Comstar. (Source: Company website)

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.

Dolat Capital Report

Sona BLW was incorporated in 1995, expertise in designs and manufactures precision-forged gears and differential assemblies.

In 2019 the company acquired 'Comstar' (added many products include starters for internal combustible engines and micro- and mid-hybrid vehicles and traction motors for electric vehicles) the combined company is called 'Sona Comstar'.

Business can be categorised mainly in two segments-

  1. Driveline parts- differential assembly and the gears and

  2. Motors- 1. starter motor and belt starter generator and 2. electric vehicle traction motors and motor control units.

The company is among the limited number of players who are well placed to combine motor and driveline capabilities to offer a compelling value proposition to EV customer base.

Click on the attachment to read the full report:

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.

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