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What's driving Uno Minda valuation re-rate? Is it justified?
Mint New Delhi
|March 17, 2026
Uno Minda Ltd shares are down 21% so far in 2026.
After the slide, the stock trades at a price-to-earnings multiple of 30x, based on Nomura’s FY28 estimates, and on par with the broking firm’s estimates for other auto ancillaries such as Sona BLW Precision Forgings and Bharat Forge.
Why has Uno Minda stock fallen?
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