I bought sona steering at 11 should I sell ?
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Sona steering is an auto ancillary stock and should definitely benefit from current auto boom.It's main customer is Maruti Suzuki and Maruti is having good time with robust sales growth that directly translates into good business for Sona. Company is also setting up other projects and those will start soon. Arjan stamping and AAM Sona Axle will give additional boost to company in long run.
I will recommend holding on this stock and buy more in range of 16-17. Stock is consolidating in a narrow range and very hot for a breakout beyond 18.