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Sansera Engineering Soars 6% on Goldman Sachs' Highest Price Target
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CNBC TV18•22-09-2026, 10:23
Sansera Engineering Soars 6% on Goldman Sachs' Highest Price Target
- •Sansera Engineering shares surged 6% after Goldman Sachs raised its price target to ₹4,990, maintaining a "buy" rating.
- •Goldman Sachs highlighted potential long-term growth for Sansera's high-margin Automated Driving System (ADS) components from Applied Materials and LAM Research investments in India.
- •Sansera recently secured a significant $180 million semiconductor order, leading Goldman Sachs to increase its FY29 earnings estimates.
- •The company has seen a 510% return since its listing five years ago, trading at ₹4,530.8, up 171% this year.
- •11 out of 16 analysts tracking Sansera Engineering recommend a "buy" rating.
Key Questions Answered
Goldman Sachs maintained a "buy" rating on Sansera Engineering and raised its price target to ₹4,990 from ₹4,500, reflecting a 19% upside potential.
Applied Materials and LAM Research announced multi-billion-dollar investments to develop local supplier ecosystems and R&D presence in India during the SEMICON event, which Goldman Sachs views as long-term growth contributors to Sansera's Automated Driving System components supply business.
Thursday, September 24, marks five years since Sansera Engineering became a public company, having gained 510% from its issue price over the last five years.
