VERIFIEDET Stocks·20 Jul 2026positive

Goldman Sachs initiates coverage on Sansera Engineering, 3 other auto ancillary stocks with upside of up to 28%. Here’s why

AI Summary

·Goldman Sachs initiated coverage on four Indian auto ancillary companies.
·Sansera Engineering and Craftsman Automation received bullish ratings, while Bharat Forge and Samvardhana Motherson received neutral ratings.
·Goldman Sachs anticipates long-term growth and margin improvement driven by shifts in precision engineering, aerospace, defence, semiconductors, and EV-related opportunities.