Microsoft L-60
Previous Company : FAANG
Total Exp : 1.8 years
Previous Compensation : 20 LPA
Offered by Microsoft
Base : 22 LPA
Joining Bonus : 4+3
Stocks : 60K$
Performance Bonus : 2.2 Lakhs
Total Compensation : 39 LPA

Is this a good offer or is there any scope of negotiation?

Update : will share the interview exp in different thread