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.
Indian equities extended losses for a fifth straight session, pressured by elevated oil prices and persistent FII outflows. Despite intraday recovery, sentiment remains weak amid
Next month is set to see a flurry of IPO activity as over a dozen companies plan to launch their share offerings. Collectively, these IPOs
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