New Delhi, July 20 -- Auto components maker, Sona BLW Precision Forgings (Sona Comstar) shares will be in focus of the stock market investors on Monday, 21 July 2025, as the company signed a binding term sheet with Jinnaite Machinery Co (JNT) to set up a joint venture (JV) in China, according to an exchange filing.

"Sona BLW Precision Forgings Ltd, a global leader in mobility technology solutions, has signed a binding term sheet with Jinnaite Machinery Co. Ltd to establish a joint venture company in China," the company informed the BSE through an exchange filing.

The company aims to manufacture and supply driveline systems and auto components in China. As part of the first phase of the JV, Sona Comstar will invest $12 million, and JNT w...