India's Sona BLW rises on higher quarterly profit

** Shares of Sona BLW Precision Forgings SONB.NS rise 6% to 828.70 rupees

** Stock set for its biggest one day pct gain since July 2

** Auto parts supplier's net profit rises to 2.23 billion rupees ($23.43 million) from 1.73 billion rupees

** Q2 revenue from operations rises to 15.36 billion rupees from 11.38 billion rupees a year earlier

** Citi says "demand outlook remains positive, with tailwinds for the global EVs as well as domestic E2W sectors. New products are likely to aid Sona's growth being higher, underlying industry's"

** Citi maintains "buy" rating given healthy revenue growth and encouraging new order wins, raises PT to 960 rupees from 830 rupees

** YTD, stock up 71.8%

($1 = 95.1850 Indian rupees)