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2023

Jefferies initiates coverage on this auto stock, sees 34% upside potential

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Sona's revenue potential over a 10-year period, based on orders under execution and unexecuted order book, has risen 50% in the last 6 quarters, reflecting a strong capability to secure new contracts. The acquisition of a 54% stake in Serbian start-up Novelic adds a new business line of ADAS sensors.














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