Sona Comstar shares surged 6% on Thursday, hitting a 52-week high of ₹653.45 and surpassing the previous high of ₹631.95 touched on June 25, 2026. According to reports from Business Standard, the auto ancillary company has demonstrated exceptional market performance with a 36% gain in calendar year 2026, significantly outperforming the BSE Sensex's 9% decline. The stock's trading volumes jumped over three-fold with a combined 3.5 million equity shares changing hands on the NSE and BSE by 12:46 PM.
As reported by Business Standard, India Ratings and Research (Ind-Ra) has affirmed Sona Comstar's bank loan facilities with a stable outlook, citing the company's ₹23,700 crore order book with 70% share linked to electric mobility. The rating agency expects consolidated revenue to grow 20-25% year-on-year in FY27 and 15-20% in FY28, supported by new EV programmes and the addition of the railway division from Escorts Kubota. Ind-Ra anticipates EBITDA margins to remain between 23-24% over FY27-FY28, driven by healthy volume traction in EV-related products and increased railway business.
According to Business Standard, Sona Comstar maintains a dominant 80-90% market share in commercial vehicles and tractors, and 55-60% in passenger vehicles in the domestic market. The company operates as one of the world's leading mobility technology companies, designing and manufacturing highly engineered systems for global OEMs in electric, personalised, intelligent and connected mobility sectors. Management expects order book execution to be the key driver of growth in the short term, with significant opportunities identified in intelligent and connected solutions, new mobility segments, and global expansion across Western and Eastern markets.
As reported by Business Standard, the company faces near-term challenges including inflationary pressures and potential delays in monetary easing due to elevated input prices. Management noted that tariffs, trade barriers and volatile energy markets are creating cost pressures across industries. However, the case for electrification has strengthened due to higher oil and gas prices, with electric mobility and railways becoming more important parts of the mobility landscape. The company's strong relationships with major OEMs in both domestic and international markets provide a solid foundation for future growth despite current uncertainties.
