Bengaluru, July 17 -- The shares of a prominent auto component manufacturer gained up to 9 percent in today's trading session after speculation that the company is in talks with Chinese EV giant BYD for component supply.

With a market capitalization of Rs 30,057.10 crore, the shares of Sona BLW Precision Forgings Ltd were trading at Rs 483.45 per share, increasing around 6.21 percent as compared to the previous closing price of Rs 455.20 apiece.

According to the reports, Sona BLW Precision Forgings Ltd is in talks with Chinese EV giant BYD for component supply. The potential partnership includes setting up a manufacturing plant in China, aligning with Sona BLW's long-term strategic roadmap. This move could significantly boost its globa...