Auto Components

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• Motherson Sumi Wiring's revenue rises 14% to ₹2,496 crore in Q1 FY26

  The company's net profit stood at ₹143 crore compared to ₹149 crore in the same period last year, reflecting a drop of 4 per cent.

  

• For ZF, the Indian aftermarket is ripe for the picking

  The German auto component maker is planning to go flat out in the coming years to make the most of the opportunities that India has to offer in the aftermarket arena. The success recipe for ZF will depend on strong partnerships, localisation and apt technology solutions.

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• Sona shareholders give overwhelming thumbs up to Sunjay Kapur’s wife as director amid family feud

  Priya Sachdev’s nomination is believed to be one of the reasons behind Rani Kapur’s, late Sunjay Kapur’s mother, request to postpone the AGM. About 99.4% of the shareholders who were present at the AGM voted in favour of Priya.

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• Sunjay's mom challenges wife's posting as Sona Comstar director

  Alleging that the death of her son in the UK was "highly suspicious and (under) unexplained circumstances", Sunjay's mother Rani sought deferment of the company's AGM scheduled for Thursday.

  

• NLC India exploring possibilities to source rare earth from overseas: CMD

  The remarks came amid China's recent curbs on exports of rare earth elements, impacting the global supply chain of the critical mineral which has diverse usage ranging from the manufacturing of home appliances to electric vehicles.

  

• Exide charts growth path with focus on lead-acid, lithium-ion batteries

  He said that commercial production at the company's lithium-ion cell manufacturing facility under its wholly owned subsidiary Exide Energy Solutions Ltd (EESL) is expected to commence during the current financial year.

  

• Sona Comstar appoints Priya Sachdev as non-executive director

  This decision follows the passing of former chairman Sunjay Kapur in June, after which Jeffery Mark Overly was appointed as the chairman on June 23, 2025.

  

• Scrapped batteries could power India's lithium boom

  Gujarat is set to revolutionize India's lithium landscape. Researchers at CSMCRI in Bhavnagar have unveiled an eco-friendly method for extracting lithium from old batteries. This breakthrough not only aims to lessen India's dependency on imported lithium but also accelerates the extraction process while ensuring high purity levels.

  

• Sona Comstar shares continue to slide as leadership uncertainty looms

  Sona Comstar's shares have dipped 36% from their 52-week high. On Friday, the stock was trading at ₹486.35, down 0.91 per cent intraday.

  

• LG Energy Solution warns of slowing EV battery demand due to U.S. tariffs, policy headwinds

  In light of the anticipated decline in electric vehicle sales following the expiration of U.S. subsidies, LG Energy Solution is pivoting its strategy. The company is set to ramp up production of energy storage system batteries to counterbalance the dip in EV battery sales. With plans to significantly boost its U.S.

  

• IIT Guwahati develops bamboo-based composite for automotive applications

  The new material, designed for use in automotive interiors, demonstrates strength, thermal resistance, low moisture absorption, and competitive cost, according to the research team.