Sansera Engineering News Today

Sansera Engineering Ltd., incorporated in the year 1981, is a Small Cap company (having a market cap of Rs 5559.53 Crore) operating in Auto Ancillaries sector.

LKP Research is bullish on Sansera Engineering has recommended buy rating on the stock with a target price of Rs 1251 in its research report dated March 12, 2024.

Midcap stocks to buy: The midcap space may remain volatile in the near term. Nevertheless, several experts believe there are plenty of stock-specific opportunities in the midcap space.

Nomura has maintained its buy rating at Rs 1,342, saying the recovery in the two-wheeler industry will drive growth

The Union Budgets impact on the stock market has reduced in recent years, but this time it could be significant for certain stocks. The government is expected to focus on capex spend, particularly on road infrastructure, capital goods, manufacturing, automobile, healthcare, and financial services. The budget may also support sectors like railways, defence, real estate, and affordable housing. Defence stocks related to R&D, UAV/drones, and anti-drone systems could benefit.

The view is that largecap pharma names like Lupin, DRL, Aurobindo, and Sun Pharma may continue to perform well this quarter. The US pharma companies and distributors have a positive outlook, despite price erosion. Sun Pharmas Taro business reported a healthy performance. The US market looks promising for these companies. As a house, we are focusing more on larger caps than midcaps in the current scenario.

Neeraj Chadawar says: Based on this manufacturing theme, we identified four stocks for 2024. These are Pitti Engineering, Archean Chemical, Sansera Engineering and Amber Enterprises. Our second theme is PSU banks. We believe that PSU banks are in a bright spot and they will continue their growth momentum in 2024 also and under the PSU banking theme, we like SBI

For the new calendar year 2024, the brokerage firm has picked 9 stocks within the broader themes of manufacturing, PSU banks, NBFCs, IT services, and consumption. The nine stocks recommended by Axis are Pitti Engineering, Sansera Engineering, Archean Chemicals, Amber Enterprises, JK Lakshmi Cement, SBI, Manappuram Finance, Cyient, and Westlife Foodworld.

The Rohatyn Group, an emerging markets-focused private equity firm, has pressed the exit button again on an Indian portfolio company as it joined a bunch ......

According to the bulk deal data available with the BSE, FIH Mauritius Investments offloaded 2,16,02,000 crore shares, representing a 5.7 per cent stake in IIFL Finance Ltd