Years of Experience: 5.5
Prev Comp: Base - 23LPA, Total Compensation - 30LPA
Company: ServiceNow
Title/Level: Senior Software Engineer - IC3
Location: Hyderabad
Base: 35L
Bonus: 3.5L (10% of Base)
PF+Gratuity: 2.3L
Stock bonus: $40K for 4 years(~8.5 LPA)
Signing Bonus: NA
Standard Relocation benefits

Total comp (Salary + Bonus + Stock): ~49LPA

Is this a good offer? Can I negotiate further to increase base or stocks? I don't have any counter offer as of now. Please suggest