Sona BLW is an auto component supplier of differential gears and trades at a premium valuation compared with global peers. “The greater premium leaves a low margin of safety for the stock with a downside risk,” it said.
Stocks to buy: IndusInd Bank, PC Jewellers and Mold-Tek on investors’ radar
Sensex closed marginally down in a volatile session as IndusInd Bank fell 27% due to selling pressure, while PC Jewellers rose 0.8% and Mold-Tek increased