New Delhi, July 17 -- Sona BLW Precision Forgings share price witnessed an 8.5 percent rally in intra-day trading on Thursday, July 17, after reports surfaced claiming the company was in advanced talks to supply electric vehicle (EV) components to Chinese automaker BYD. Both the BSE and NSE sought clarification from the company following the surge in investor interest.

In a clarification to the exchanges, Sona BLW Precision Forgings said it is in regular discussions with several domestic and global clients as part of its ongoing business strategy. The company emphasized that there is no material information that warrants disclosure under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

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